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Post

2026-09-20 05:33:27

Ethereum is showing an interesting setup.

After a strong move higher, ETH is now facing some selling pressure near the recent highs.
The structure still looks constructive, but this is where confirmation matters.
I’m watching how price reacts around the current zone before considering the next move.
Let ETH show the direction.
Don’t chase the candle.

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

ETH-1.26%

4
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Add a comment

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Comment 6

May all your wishes come true 168812026-09-20

Bitcoin’s rally from around 76,200 this time has been quite fierce, to be honest. Just two days ago, it was still bottoming around 75,000, with many people calling for a drop to 73,000 or even 65,000. Then a single strong bullish candle broke straight through the resistance from the moving averages across all timeframes, reaching a high of 81,258. It is now consolidating at elevated levels around 80,600. On the 1-hour chart, the moving-average system is in a standard bullish alignment, with MA7, MA25, and MA99 all diverging upward in sync. Short-term upward momentum has narrowed somewhat, but the structure remains intact.

LetMeShort2026-09-20

a highly vulnerable structure, don’t let your guard down

my_power2026-09-20

Interesting 👀

my_power2026-09-20

Interesting 👀

Full House Red Robot2026-09-20

Great!

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