#大户持仓动态 Ethereum $ETH is currently stuck in a critical consolidation zone. The area around 3030 to 3050 on the daily chart is the main resistance. If the trading volume can effectively break through, there is a chance to reverse the situation. The support between 2930 and 2900 is holding relatively steady, absorbing quite a bit of selling pressure. As long as this support is not broken, the probability of continuing upward after the consolidation is quite high. From the candlestick patterns, a genuine breakout after volume contraction and consolidation is the real signal—don't be fooled by false breakouts. The key still depends on whether the trading volume can effectively cooperate.
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.
12 Likes
Reward
12
2
Repost
Share
Comment
0/400
Hash_Bandit
· 12-20 16:40
honestly the volume confirmation thing is where most ppl get liquidated ngl... seen this movie too many times back in the day. 3030-3050 acting like one of those old difficulty walls, except this time we're betting market structure instead of hashrate. if it dumps below 2900 without institutional buying pressure, then we're just spinning wheels in the consolidation zone fr
#大户持仓动态 Ethereum $ETH is currently stuck in a critical consolidation zone. The area around 3030 to 3050 on the daily chart is the main resistance. If the trading volume can effectively break through, there is a chance to reverse the situation. The support between 2930 and 2900 is holding relatively steady, absorbing quite a bit of selling pressure. As long as this support is not broken, the probability of continuing upward after the consolidation is quite high. From the candlestick patterns, a genuine breakout after volume contraction and consolidation is the real signal—don't be fooled by false breakouts. The key still depends on whether the trading volume can effectively cooperate.