I caught 30%+ gains in ETH from 11.21-12.11, then indicated at 12.11 that a cyclical high had formed and began to decline. After a second entry on 12.19, ETH gains have now reached 17%+. All analyses are supported by previous posts rather than hindsight speculation.
Early morning, ETH was blocked and pulled back at the resistance zone shown in the chart. Possible movements ahead are as follows:
Red route: ETH fails to break through the upper resistance zone over the next two days and begins a correction wave. After the correction ends, it will continue attacking higher, subsequently creating a new high above 3447.44 to conclude the daily-level rally that began at 2624. (In extreme cases, it could end near the high without breaking a new high)
Blue route: Tests the 3266 resistance level again and breaks through effectively. If it moves this way, ETH's subsequent target could be 3700, 3800, or even higher.
Regardless of whether 3266 gets broken again next, we need to focus on how ETH adjusts subsequently—whether it runs horizontal consolidation or a deep pullback. This will help us determine the subsequent upside target.
ETH's upside target could appear as early as the Gann weekly cycle around 1.12 or even near 1.10, so we need to pay close attention to the action ahead. #ETH走势分析 $ETH
2026.01.06
I caught 30%+ gains in ETH from 11.21-12.11, then indicated at 12.11 that a cyclical high had formed and began to decline. After a second entry on 12.19, ETH gains have now reached 17%+. All analyses are supported by previous posts rather than hindsight speculation.
Early morning, ETH was blocked and pulled back at the resistance zone shown in the chart. Possible movements ahead are as follows:
Red route: ETH fails to break through the upper resistance zone over the next two days and begins a correction wave. After the correction ends, it will continue attacking higher, subsequently creating a new high above 3447.44 to conclude the daily-level rally that began at 2624. (In extreme cases, it could end near the high without breaking a new high)
Blue route: Tests the 3266 resistance level again and breaks through effectively. If it moves this way, ETH's subsequent target could be 3700, 3800, or even higher.
Regardless of whether 3266 gets broken again next, we need to focus on how ETH adjusts subsequently—whether it runs horizontal consolidation or a deep pullback. This will help us determine the subsequent upside target.
ETH's upside target could appear as early as the Gann weekly cycle around 1.12 or even near 1.10, so we need to pay close attention to the action ahead. #ETH走势分析 $ETH