From the recent technical perspective of ETH, the main upward wave characteristics are quite typical. The upward momentum remains strong, and exploring the 2970-3000 region is not an unrealistic expectation.
The current technical pattern is transitioning from a main upward wave to a secondary correction phase. This shift means we need to focus on the support zone of 2880-2920. Why? Because this range is not only the platform support left after this week's breakout but also the short-term defense line for the correction.
If the price retraces to this level and successfully stabilizes, it would be a very ideal opportunity to follow the trend correction. Simply put, around 2880-2900 can be considered a correction zone, with the target pointing towards 2970-3000.
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
AirdropHermit
· 9h ago
The 2880-2920 support is really crucial; only consider running away if it breaks.
View OriginalReply0
LiquidatedDreams
· 9h ago
I've had my eye on the 2880-2920 support zone for a while. The key is whether it can hold or not; otherwise, I'll have to eat noodles again.
View OriginalReply0
ProposalDetective
· 9h ago
If the 2880 resistance holds, we'll be stable. Then there's a chance to push towards 3000.
View OriginalReply0
LiquidationWatcher
· 9h ago
ngl eth looking spicy rn but 2880 is where i'm getting nervous... been liquidated before chasing these rallies, not tryna repeat 2022. health factor stays at the back of my mind fr fr
Reply0
MEVHunterNoLoss
· 9h ago
If you can't hold this 2880 level, your mindset will really collapse.
View OriginalReply0
CascadingDipBuyer
· 9h ago
I've been watching the 2880-2920 level for a while now. Now it's just a matter of whether we can really hold it or not. It feels a bit uncertain.
From the recent technical perspective of ETH, the main upward wave characteristics are quite typical. The upward momentum remains strong, and exploring the 2970-3000 region is not an unrealistic expectation.
The current technical pattern is transitioning from a main upward wave to a secondary correction phase. This shift means we need to focus on the support zone of 2880-2920. Why? Because this range is not only the platform support left after this week's breakout but also the short-term defense line for the correction.
If the price retraces to this level and successfully stabilizes, it would be a very ideal opportunity to follow the trend correction. Simply put, around 2880-2900 can be considered a correction zone, with the target pointing towards 2970-3000.