#数字资产市场动态 Ethereum's recent market trend is becoming increasingly clear, with key resistance effectively broken and the upward movement continuing.
Here's my observation: the price not only broke through the downtrend line but also firmly held the previous bottom support—this pattern of breaking first and confirming later is basically a signal that the bulls are taking over. Breaking the structure is one thing, but more importantly, the bearish pressure is gradually weakening. As long as the price stays above the breakout zone, there is room for the market to continue upward.
From a technical perspective: • The downtrend has been broken, and the market is entering a phase of bottom-up expansion • The breakout level has become a new support, maintaining an overall bullish outlook • The previous resistance zone has now turned into support, and the target zone above is gradually opening
Interestingly, the market often starts to accelerate when it appears to be the most stable with little volatility. I will continue to monitor key structural changes and share updates as soon as there is progress.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
9
Repost
Share
Comment
0/400
AltcoinMarathoner
· 01-19 03:30
eth breaking out while everyone's sleeping on macro... classic marathon move honestly. accumulation phase disguised as sideways chop, seen this film before lol
Reply0
RugResistant
· 01-18 14:35
ngl this breakdown looks solid but lemme just say... i've seen "confirmed support" get obliterated in hours before. not fud just... analyzed too many wicks to ignore it. what's your exit plan if it flips
Reply0
MoonRocketTeam
· 01-18 06:07
The long signal is so obvious, the short-term suppression is collapsing, this wave might really take off
The booster is loaded, just waiting for the moment to break through the atmosphere
Breakout confirms support, this kind of structure is truly stable, no wonder it's a textbook pattern in technical analysis
Wow, this rhythm, the orbit adjustment is complete and ready to accelerate? We need to follow this key structure
Conceiving acceleration at the lowest point? Alright, I’ll trust you this time, after all, DYOR is always the truth
If we can hold this breakout zone, there’s room for upward movement; otherwise, just wait for the next launch window
It looks like the bulls are really about to bottom out and counterattack, the bears’ days are over
View OriginalReply0
AirdropFreedom
· 01-16 03:58
This wave of Ethereum is indeed impressive; only after breaking the level and confirming it is real. Looking forward to it moving upward.
View OriginalReply0
ThreeHornBlasts
· 01-16 03:58
Wait, is this really about to take off? It seems like the bottom confirmation mentioned earlier is almost there.
View OriginalReply0
MiningDisasterSurvivor
· 01-16 03:55
I've been through it all. I've heard this kind of talk many times since 2018... So what if it breaks support? The key is when the big players will dump the market.
View OriginalReply0
BloodInStreets
· 01-16 03:51
I've heard this narrative of confirmation of a breakdown too many times; in the end, it's just a show of pulling the cart.
Again, it's bottom support, bulls taking over, the night before the market accelerates... Only on the day of a crash will you understand what "the most stable-looking time is the most dangerous."
Can this wave hold above? Honestly, I don't believe it; it's just self-comfort through technical analysis.
Waiting here to be cut? You should have bottomed out during the panic, chasing highs now is just asking for trouble.
Breaking support to become support? Haha, once it falls below that level, you'll see what a value trap really looks like.
View OriginalReply0
LuckyBlindCat
· 01-16 03:43
Hmm... This wave of ETH breaking down is quite interesting. Just wait for it to stabilize.
---
Bullish takeover? It still depends on whether it can hold the support later.
---
I've heard this support confirmation theory many times before, but I'm still on the sidelines.
---
Sounds pretty professional, but in the end, it still can't escape the fate of being trapped.
---
Really? The last time it was said like this, it dropped.
---
Whoa, resistance breaking through and turning into support? Is this the legendary "weakening as it crosses"?
View OriginalReply0
AirdropHunter9000
· 01-16 03:33
Confirmed breakouts are my favorite rhythm, just waiting to keep pushing forward.
#数字资产市场动态 Ethereum's recent market trend is becoming increasingly clear, with key resistance effectively broken and the upward movement continuing.
Here's my observation: the price not only broke through the downtrend line but also firmly held the previous bottom support—this pattern of breaking first and confirming later is basically a signal that the bulls are taking over. Breaking the structure is one thing, but more importantly, the bearish pressure is gradually weakening. As long as the price stays above the breakout zone, there is room for the market to continue upward.
From a technical perspective:
• The downtrend has been broken, and the market is entering a phase of bottom-up expansion
• The breakout level has become a new support, maintaining an overall bullish outlook
• The previous resistance zone has now turned into support, and the target zone above is gradually opening
Interestingly, the market often starts to accelerate when it appears to be the most stable with little volatility. I will continue to monitor key structural changes and share updates as soon as there is progress.
$BTC $ETH $SOL