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

Since Ethereum started its rally from the bottom of a major cycle,
for years, it has been steadily operating within a super long-term ascending channel.

But the recent monthly price action has shown clear anomalies—
the price is approaching the lower boundary of this multi-year large-cycle channel.

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

The vast majority of the market is lagging behind;
only when the price breaks down completely and the trend becomes visible to the naked eye will everyone follow.

Real major cycle turning points always occur when no one has reacted yet.
Recommend bookmarking this—ETH’s next move will determine the pattern for a long period ahead.

💎 My deep analysis:

What many people see as a channel is just a simple line connecting highs and lows.
But a true major cycle channel is the underlying trend structure of ETH’s bull-bear movements over years.

From early lows oscillating upward, to multiple bull runs and bearish pullbacks,
every major bottom rising and top falling of ETH has been precisely constrained within this channel rule.
This is the most genuine trajectory of the dominant force, spanning years.

And now, at the monthly level, the price is precisely touching the lower boundary support of the channel.
The life-or-death battle between bulls and bears at the macro cycle has officially begun.

At this stage, you must closely watch these key ranges:

$2200 – $2300
Standard lower boundary support of ETH’s super long-term monthly ascending channel,
and also the last structural defense line for the current bull side.

$2000
The strongest psychological round-number level across the entire market,
should the large channel structure be briefly breached, this will be the first dense demand zone with extremely strong buying support.

$1750 – $1800
The ultimate bottom range for extreme bear trap liquidation,
corresponding to the historical bearish dense supply base, representing a safety margin zone after overselling.

Here I am also applying the BTC macro cycle logic:

Even if there is a short-term spike below the channel lower boundary,
it is still highly likely to be a fake breakdown, a shakeout breakdown, rather than a true trend reversal.

To distinguish a real breakdown from a fake one, only one core factor matters: volume structure

If there is a high-volume crash breaking the lower boundary:
It represents real short-selling, significantly increasing the probability of trend weakening and structural damage to the macro cycle.

If there is a low-volume gradual decline with a slight spike through:
It is a classic concentrated release of panic selling, the final capitulation of retail positions,
such a breakdown is not a continuation of the downtrend but rather a signal of the macro cycle bottom.

In summary:
ETH’s $2200 range is the most critical macro cycle demarcation line of this year.
The gain or loss here will directly determine the future trend direction. Keep a close eye on 📉

⚠️ Risk Disclaimer: This is solely a technical cycle trend review and analysis, and does not constitute any investment advice. Cryptocurrency assets are highly volatile; view 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