ETH's future trend remains within the previous analytical framework; today, harmonic patterns were used to refine the expected follow-up movement after breaking the key formation.
From a daily chart perspective, the support zone at 3050-3080 is currently the key defensive area. If the price stabilizes here, it presents an opportunity for a light-position setup on the left side. Conversely, if it breaks below directly, caution should be exercised regarding the risk of further decline—at that point, for the bulls to truly initiate a rally, a clear driving wave pattern must be established.
The current correction cycle is actually quite sufficient. The market's biggest fear is falling into a second wave of zigzag oscillations, which can easily lead to a double bottom scenario. The probability of this happening is not low, so vigilance is necessary.
Ethereum's ABCD cycle pattern is indeed complex. If you have time over the weekend, you can review and analyze it using harmonic logic to see how the historical data presents.
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SchrodingersPaper
· 10h ago
Will the 3050-3080 break or not? This is the real line of life and death...
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quietly_staking
· 11h ago
Is breaking or holding 3050 a hurdle? This time, we really need to see clearly.
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It's another double bottom pattern; the bosses need to stay steady this time.
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The harmonic patterns do have some particularities when it comes to ETH; the data speaks for itself.
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Left-side positioning sounds simple, but in actual operation, it still depends on whether the price gives opportunities.
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Zigzag oscillations are the most annoying; one careless move and you get cut.
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The impulsive wave needs to break out; otherwise, the bull market is just a paper tiger.
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I need to keep a close eye on the 3080 level.
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Weekend review of the ABCD pattern; this assignment is quite interesting.
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BoredWatcher
· 01-10 23:38
If 3050-3080 can't hold, we really need a second bottoming out.
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StableBoi
· 01-10 07:47
3050 must hold, or it'll be another lousy double-bottom scenario.
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LostBetweenChains
· 01-10 04:58
Will the 3050-3080 break or not, really a hurdle
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TokenomicsTherapist
· 01-10 04:55
Will the 3050-3080 break the support or resistance? This time, it's really about this level.
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SatoshiLeftOnRead
· 01-10 04:55
To break or not to break 3050, that will decide how to play later.
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ruggedSoBadLMAO
· 01-10 04:54
We have to hold that level at 3050, or else we'll keep getting beaten repeatedly.
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FomoAnxiety
· 01-10 04:38
Once it breaks 3050, you have to run; otherwise, a second bottoming really can't hold.
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MentalWealthHarvester
· 01-10 04:34
If 3050 breaks, it will need a second probe, this matter is really annoying.
ETH's future trend remains within the previous analytical framework; today, harmonic patterns were used to refine the expected follow-up movement after breaking the key formation.
From a daily chart perspective, the support zone at 3050-3080 is currently the key defensive area. If the price stabilizes here, it presents an opportunity for a light-position setup on the left side. Conversely, if it breaks below directly, caution should be exercised regarding the risk of further decline—at that point, for the bulls to truly initiate a rally, a clear driving wave pattern must be established.
The current correction cycle is actually quite sufficient. The market's biggest fear is falling into a second wave of zigzag oscillations, which can easily lead to a double bottom scenario. The probability of this happening is not low, so vigilance is necessary.
Ethereum's ABCD cycle pattern is indeed complex. If you have time over the weekend, you can review and analyze it using harmonic logic to see how the historical data presents.