Summary
• Price formed key resistance at $3350–$3360 and tested support near $3290–$3295.
• Volume surged during the late-night rally, confirming momentum above $3300.
• RSI shows overbought levels during highs, indicating potential for pullback.
• Bollinger Bands expanded during the bullish breakout, signaling heightened volatility.
• Fibonacci retracement levels at $3337 and $3315 appeared to influence intraday pullbacks.
24-Hour Summary
Ethereum/Tether (ETHUSDT) opened at $3188.47 on 2026-01-13 12:00 ET and closed at $3370.26 as of 2026-01-14 12:00 ET. The pair reached a high of $3402.89 and a low of $3178.08, with a 24-hour trading volume of 203,190.99 ETH and a notional turnover of approximately $689,212,969.25.
Structure & Key Levels
The price formed a bullish breakout pattern above $3300, confirmed by strong volume and closing above prior resistance. Key support levels were identified at $3290–$3295, and resistance at $3350–$3360. The price briefly touched $3360 but pulled back slightly before finding a new high near $3402.89. A potential bearish reversal pattern was seen near $3370, with a doji hinting at indecision.
Volatility and Momentum
Bollinger Bands expanded significantly as the price surged past $3350, indicating rising volatility and a strong bullish phase. The RSI reached overbought territory during the peak at $3402.89, suggesting the move may face near-term resistance.
MACD remained in bullish territory with a narrowing histogram, indicating possible momentum exhaustion.
Volume and Turnover Dynamics
Volume spiked during the late-night rally (22:15 to 04:30 ET), coinciding with a sharp move above $3300 and confirming strength. Turnover also surged during this phase, aligning with price action. However, divergence emerged in the morning with declining volume despite a small upward move, suggesting potential for a consolidation phase.
Implications and Outlook
While the price appears to have secured a key breakout above $3300, overbought conditions and a narrowing MACD suggest a period of consolidation or a pullback could be ahead. Traders should closely monitor support at $3315–$3295 and resistance at $3360–$3400. A break below $3290 could trigger further volatility, while a sustained move above $3400 would confirm renewed bullish momentum. Investors should remain cautious and adjust position sizes accordingly.
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