📊 A very strange phenomenon is unfolding on the ETH monthly chart

Since Ethereum started from the bottom of a major cycle,

it has been steadily running within a super long-term ascending channel for years.

But the recent monthly chart movement has shown clear anomalies —

the price is approaching the lower edge of this multi-year major cycle channel.

$ETH The monthly chart has now reached the most critical inflection point of the entire pattern.

The vast majority of the market lags behind;

only when the price completely breaks down and the trend becomes visible to the naked eye will everyone react and follow.

Genuine major cycle turning points always occur before anyone realizes it.

Suggest bookmarking this — ETH’s next move will determine the structure of the following long period.

💎 My in-depth view:

The channel many people see is merely a simple line connecting highs and lows.

But the true major cycle channel is the underlying trend structure of ETH’s multi-year bull-bear movements.

From the early lows oscillating upward, through several bull runs and bear pullbacks,

every major bottom-rising and top-falling of ETH has been exactly constrained within this channel’s rules.

This is the most authentic trajectory of the dominant force running through the years.

And now, the monthly price has precisely touched the lower edge support of the channel,

the life-and-death battle between bulls and bears at the major cycle level has officially begun.

At this stage, we must closely watch these key zones:

$2200 – $2300

The standard lower-edge support of ETH’s super long-term monthly ascending channel,

and also the last structural defense line for the current bulls.

$2000

The strongest round-number psychological level across the entire market,

once the big channel structure is briefly breached, this will be the first zone of dense liquidity demand with extremely strong absorption power.

$1750 – $1800

The ultimate bottom zone for extreme bear trap selling,

corresponding to the historical bear market dense chip bottom, a safety margin area after oversold conditions.

Here I also apply the BTC major cycle logic:

Even if there is a short-term action of piercing the lower edge of the channel,

it is very likely still a false breakdown, a washout breakdown, rather than a true trend break.

The only core factor to distinguish true from false breakouts: volume structure

If there is a heavy-volume crash breaking the lower edge:

it is a real short-selling attack, significantly increasing the probability of trend weakening, major cycle structure damage.

If there is a low-volume gradual decline with a slight pierce:

it is a typical concentrated release of panic selling, retail investors cutting losses and exiting at the last moment,

such a breakdown is not a continuation of bearishness, but rather a major cycle bottom signal.

In summary:

The ETH $2200 zone is the most critical major cycle dividing line of this year.

The gain or loss here will directly determine the direction of the subsequent trend. Keep a close watch on 📉

⚠️ Risk warning: This is solely a technical cycle trend review analysis and does not constitute any investment advice. Cryptocurrency assets are extremely volatile. Evaluate the market rationally and participate cautiously.#BTC下探60000美元关键关口 #TradFiCFD黄金大师赛 #USD1链上质押享年化9.48% @Gate Live $BTC $GT $ETH