Technical analysis by AmirAliTrading about Symbol ETH on 1/8/2026

By analysing the 2h chart of ETHUSDT, we can see that 3308, it dropped in price all the way down to the lower FVG's high, showing an initial reaction before dropping in the FVG zone yet again. It is currently being traded at 3109. I expect it to hit the Consequent Encroachment of the FVG and then going back up to test the high of the FVG again. Current targets: 3113, 3124, 3136, 3148 and 3160.