2026.01.06

From 11.21 to 12.11, ETH experienced a rise of over 30%, and then on 12.11, a warning was issued that the peak had been reached, beginning a decline. After re-entering on 12.19, ETH has now gained over 17%, and all the ideas are supported by previous posts rather than hindsight.

In the early morning, ETH was blocked and pulled back at the resistance zone shown in the chart. The possible next moves are as follows:

Red route: ETH fails to break through the upper resistance zone in the next two days, begins a wave of adjustment, and after the adjustment ends, continues to push higher, creating a new high above 3447.44 to end the daily rebound that started at 2624. (In extreme cases, it may end without surpassing the new high near the peak.)

Blue route: Re-test the 3266 resistance and effectively break through. If this happens, ETH's subsequent target could be 3700, 3800, or even higher.

Regardless of whether ETH breaks through the 3266 line again, we should pay attention to its subsequent adjustment—whether it consolidates sideways or undergoes a deep correction. This will help us judge the final target of its upward movement.

The earliest possible end point for ETH's rise may appear during Gann's time frame of the week of 1.12 or even around 1.10, so we should focus on the upcoming market movements. #ETH走势分析 $ETH