📊 A very strange thing is playing out on ETH's monthly chart

Ever since Ethereum started 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 trend has shown clear anomalies—
the price is approaching the lower edge of this multi-year macro channel.

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

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

The true macro turning point always occurs before everyone has realized it.
It is recommended to bookmark this. ETH's next moves will determine the pattern for a long period ahead.

💎 My In-Depth View:

Many people see the channel as just a simple line connecting highs and lows.
But the real macro channel is the underlying trend structure of ETH's multi-year bull and bear cycles.

From the early low points, oscillating upward through several bull runs and bear pullbacks,
every major bottom rise and top fall of ETH has all been contained within the rules of this channel.
This is the most authentic trajectory of the dominant players that has run through years.

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

At this stage, you must keep a close eye on these core ranges:

$2200 – $2300
Standard lower support of ETH's super long-term monthly ascending channel,
also the last structural defense line for this bull run.

$2000
The strongest integer psychological level across the entire network.
Once the macro channel structure is temporarily breached, this will be the first dense demand zone with very strong buying support.

$1750 – $1800
Ultimate bottom range for extreme bear trap and sell-off,
corresponding to the historical bear market dense chip bottom, a margin-of-safety zone after oversold conditions.

Here I am simultaneously applying the BTC macro logic:

Even if there is a short-term puncture below the channel's lower edge,
it is still highly likely a fake breakdown or a washout breakdown rather than a true trend break.

To distinguish real versus fake breakdowns, look only at the core indicator: volume structure.

If it is a high-volume crash breaking through the lower edge:
It is a genuine short selling attack, greatly increasing the probability of a weakening trend and destroying the macro structure.

If it is a low-volume gradual decline with a small puncture:
That is a typical concentrated panic sell-off, retail investors' last capitulation,
such a breakdown is not a continuation of the downtrend but rather a macro bottom signal.

In summary:
The ETH $2200 range is the most critical macro dividing line this year.
Gains or losses here will directly determine the subsequent trend direction. Keep a close watch on 📉

⚠️ Risk Disclaimer: This is only a technical cycle trend review and analysis, and does not constitute any investment advice. Crypto assets are highly 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