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



Since Ethereum started from a major cycle bottom,

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

But recent monthly chart movements have shown clear anomalies —

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

$ETH The monthly chart is now at the most critical tipping point of the entire picture.

The vast majority of the market is lagging;

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

True major cycle turning points always happen before anyone has time to react.

It is recommended to bookmark this; ETH's next moves will determine the pattern for a long period to come.

💎 My in-depth view:

What many people see as a channel is simply connecting highs and lows.

But a true major cycle channel is the underlying trend structure of ETH's multiple years of bull and bear runs.

From the early bottoms oscillating upward, through several bull runs and bearish pullbacks,

every major bottom rise and top decline of ETH has all been confined within this channel rule.

This is the most genuine trajectory of the dominant force over several years.

And now, the price at the monthly level is precisely touching the lower edge support of the channel,

the long-short life-and-death battle of the major cycle has officially begun.

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

$2200 – $2300

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 major channel structure is briefly broken, this will be the first zone of concentrated capital demand with extremely strong absorption.

$1750 – $1800

The ultimate bottom range for extreme bear trap sell-offs,

corresponding to historical bear market dense chip bottoms, a safety margin zone after oversold conditions.

Here I apply the same BTC major cycle logic:

Even if there is a temporary spike below the channel lower edge,

it is very likely still a fake breakdown or washout breakdown, not a true trend breakdown.

To distinguish true from false breakdowns, look at the only core factor: volume structure.

If it is a high-volume crash breaking the lower edge:

It is a real bearish sell-off, greatly increasing the probability of weakening trend, damaging the major cycle structure.

If it is a low-volume gradual decline with a slight spike below:

It is a typical concentrated release of panic selling, with retail chips cutting losses at the last moment;

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

In summary:

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

The gain or loss here directly determines the subsequent trend direction. Watch closely 📉

⚠️ Risk Warning: This is only a technical cycle trend review analysis 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
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