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

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

But the recent monthly chart movement has shown obvious 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 in the overall situation.

The vast majority of the market lags behind;
only when the market completely breaks down and the trend becomes visually obvious will everyone follow suit.

The true major cycle turning point always occurs before everyone realizes it.
It is recommended to bookmark this. The next moves of ETH will determine the pattern for a long period ahead.

💎 My in-depth view:

The channel in many people’s eyes is just a simple connection of highs and lows.
But the real major cycle channel is the underlying trend structure of ETH’s multi-year bull-bear cycles.

From the early lows oscillating upward, to several bull market rallies and bear market retracements,
every major bottom rise and top fall of ETH has been perfectly contained within the rules of this channel.
This is the most genuine trajectory of the smart money over the years.

And now, on the monthly level, the price is precisely touching the support of the lower edge 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 keep a close eye on these core ranges:

$2200 – $2300
Standard lower-edge support of ETH’s super-long-term monthly ascending channel,
also the last structural defense line for the bulls in this round.

$2000
The strongest psychological integer level across the entire network;
once the major channel structure is briefly broken, this will be the first wave of concentrated demand zone with extremely strong support.

$1750 – $1800
The ultimate bottom range for extreme bear trap liquidation,
corresponding to the historical bear market concentrated bottom area, a margin of safety after oversold conditions.

Here I am simultaneously applying the BTC major cycle logic:

Even if there is a short-term action of piercing the lower edge of the channel,
it is still very likely a fake breakdown or a washout breakdown, not a true trend breakdown.

To distinguish between real and fake breakdowns, focus on the only core factor: volume structure.

If it is a high-volume crash breaking through the lower edge:
it is a real short selling, with a greatly increased probability of trend weakening and destruction of the major cycle structure.

If it is a low-volume gradual decline with a small pierce:
it is a typical concentrated release of panic selling and retail investors cutting losses at the last minute;
this kind of breakdown is not a continuation of bears but rather a major cycle bottom signal.

In summary:
The ETH $2200 area is the most critical major cycle dividing line of the year.
The gain or loss here directly determines the subsequent trend direction. Keep a close watch on 📉

⚠️ Risk Disclaimer: This is solely a review analysis of technical cycle trends and does not constitute any investment advice. Crypto assets are extremely volatile. View the market rationally and participate with caution.#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