ETH Monthly Gann Technical Analysis

Currently, ETH is in a critical structural game phase on the monthly chart. Combining Gann angle lines and box analysis, the core signals are as follows:
1. Key Resistance Levels
Core strong resistance: 2432, overlapping Gann decline 2 to 1 line and the box 0.382 level, serving as the dividing line between bulls and bears on the monthly chart. If it cannot be effectively broken through, medium-term upward momentum will remain limited.
Secondary resistance above: 2563, 2918, these are key resistance levels in the Gann box. After breaking 2432, further targets can be considered at these levels.
2. Core Support Levels
Key strong support: 2143, corresponding to the May Gann 4 to 1 upward line, an important defensive line for medium-term bulls, and a critical point for monthly bullish testing.
Secondary support below: 1898, if the price breaks below 2143 support, this level becomes the next important defense line and can be used as a reference for bulls’ stop-loss.
3. Trading Strategy Reference
Bullish: When the price stabilizes around 2143, consider a small long position, with a stop-loss below 1898, targeting the 2432-2563 range.
Bearish: Before breaking 2432, you can rely on this resistance level to lightly short, with a stop-loss above 2563, targeting the 2143-1898 range.
Time Window: The trend change at the monthly level is slow; focus on whether the price can stabilize above 2143 or break through 2432 in subsequent months to clarify the medium-term direction.
💡 Tip: Monthly signals are medium to long-term; combined with short-term signals from daily and weekly charts for comprehensive judgment. Technical analysis is probabilistic and should be adjusted according to real-time market sentiment.