Ethereum has entered a short-term cooling phase after failing to break through a key resistance zone. The pullback comes amid broader market consolidation and follows a strong weekly rally, suggesting profit-taking rather than a decisive trend reversal. Outset PR delivers this content, merging crypto-native communication with data-driven intelligence. ETH Sees Profit-Taking After Strong Weekly Gains ETH slipped around 1% on January 16th, trading near $3,310 as overall market momentum cooled. The move follows a 7% weekly gain, during which short-term momentum became increasingly stretched. This is reflected in the 7-day Relative Strength Index, which reached 68, approaching overbought territory. As RSI climbed, traders began locking in profits, increasing near-term selling pressure. Rejection at $3,370 Signals Short-Term Exhaustion Ethereum has now been rejected twice this week near the $3,370 resistance level. Multiple failures at the same price area typically indicate short-term exhaustion, especially after a sharp upside move. This rejection has reinforced $3,350–$3,370 as a key resistance zone. A daily close above $3,350 would be required to invalidate the current pullback narrative and reassert bullish control. Momentum Remains Constructive Despite Pullback Despite the dip, broader momentum indicators remain supportive. The MACD histogram is still firmly positive at 25.53, suggesting that the underlying trend remains bullish. This setup implies the pullback may be corrective rather than the start of a deeper decline, provided key support levels hold. How Outset PR Optimizes PR Budgets and Delivers Tangible Results The purpose of any PR campaign is to boost brand visibility. Traditionally, this has meant securing as many publications as possible, often with unpredictable outcomes. It was difficult to know how many readers would actually see a story, leaving much of PR to guesswork. Actually, it had been guesswork until analysts of Outset PR developed Syndication Map —a proprietary tool that identifies which outlets attract the most traffic and where a story is likely to achieve the strongest syndication lift. Senior Media Analyst Maximilian Fondé explains: If a company needs a top list article, we filter the table for media that publish this format, cross-check costs and placement conditions, and know within minutes which outlets to pitch. Over time, that builds into a comprehensive database of crypto-friendly publishers – something other players in the industry don't have right now. Smarter Campaigns, Lower Costs Campaigns built with Syndication Map are not about mass reach for its own sake. They are carefully crafted to serve specific goals. By narrowing the focus to the most effective outlets, Outset PR reduces unnecessary spending on low-impact publications. Another key factor is communication. Outset PR’s dedicated Media Relations team, led by Anastasia Anisimova , has earned the trust of leading outlets through professionalism and genuine relationships. Sincerity and friendliness are our core principles, earning us the trust of numerous media outlets. Unfortunately, not all agencies in our industry prioritize friendliness in their communications. Extended Reach Through Syndication Outset PR campaigns also achieve more visibility than clients initially pay for. Articles are frequently republished across aggregators and platforms such as CoinMarketCap and Binance Square, extending exposure far beyond the original placement. Well-placed articles can achieve up to ten times the outreach of the original post. The case of StealthEX demonstrates this effect clearly: targeted tier-1 pitching led to 92 republications across outlets including CoinMarketCap, Binance Square, and Yahoo Finance, generating a total outreach of over 3 billion. Outset PR Sets a New Standard Pitching to a major outlet still has value, but syndication often delivers far greater reach at a lower cost. Outset PR has mastered this strategy, combining proprietary tools, strong media relations, and syndication opportunities to deliver results backed by numbers. ETH Support Levels to Monitor The first level to watch on the downside is $3,250. Holding above this area would support the case for consolidation before another upside attempt. Below that, the 30-day simple moving average near $3,056 stands out as a critical structural floor. A sustained move toward this level would signal a deeper reset in momentum, while a bounce above it would preserve the broader bullish structure. ETH Price Outlook Ethereum’s rejection at $3,379 has triggered short-term profit-taking, but momentum indicators suggest the broader trend remains intact. As long as ETH holds above $3,250 and the 30-day SMA, the pullback is likely temporary. Bulls will need a decisive daily close above $3,350 to regain momentum and reopen the path toward higher resistance levels. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
