2026-01-03 03:23:30

Regarding the future trend of ETH, I have analyzed it using candlestick theory, wave theory, and Fibonacci sequence.

The core point is clear: the triangular consolidation in the purple channel has reached its end, with the corresponding support level at the blue line at 2959. Currently, the price is likely to face a correction, but the key is that the correction must hold above 2959; otherwise, the logic will have to be re-evaluated from scratch.

What will happen next? I see two possible paths:

One is that after breaking through the yellow resistance line at 3191, the price will continue to fluctuate within a larger range, which may take quite some time. The second is that the rapid movement through the yellow segment will quickly complete, directly breaking above 3564.

Regardless of the pace, the ultimate target points to the same place—3564 must be broken. This has been my consistent judgment, and the technical analysis supports this logic.

ETH-5.08%

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LeekCutter

· 01-06 01:07

If 2959 can't be broken, then the entire logic needs to be restructured. That's a bit harsh to say.

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TradFiRefugee

· 01-06 00:20

Sounds like the same old story again, whether 2959 breaks or not, right? I always feel like the argument is always "inevitably going to break through."

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OnChainSleuth