🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Cryptocurrency Company Matrixport Draws Attention to Upcoming Formation in Ethereum! Here Are the Details
Source: CryptoNewsNet Original Title: Cryptocurrency Company Matrixport Draws Attention to Upcoming Formation in Ethereum! Here Are the Details Original Link: The latest technical analysis reveals that Ethereum (ETH) price movements are approaching a critical phase.
According to the analysis, Ethereum has been moving within a large-scale “triangle formation” for the past few years, and this structure has now narrowed significantly, reaching a critical threshold for determining its direction. Experts believe that this long-standing consolidation could culminate in a clear breakout in 2026.
As you may recall, Ethereum experienced a significant surge in 2020-2021 due to the rapid expansion of the smart contract platform ecosystem and the strengthening of the “programmable money” narrative.
The new capital that entered the market during this period quickly drove the ETH price upwards, and in 2021, during the peak of market sentiment, even the $10,000 level was being discussed. However, these expectations did not translate into a lasting trend reversal.
Following a pullback from highs, Ethereum has entered a long period of sideways movement and volatile price action. The large triangle formation that has emerged during this period indicates that the market is currently directionless.
It is emphasized that the price has attempted to break out of this pattern both upwards and downwards in the past, but in both cases the movement could not be sustained and the price quickly returned within the range.
Currently, the triangular pattern is said to be significantly compressed, and the price movement range is gradually narrowing. This technical outlook suggests that the market is approaching a decision point.
After this prolonged consolidation, 2026 could be a critical period for Ethereum, with a clearer direction and the beginning of a new trend. Investors are advised to be cautious about increased volatility during this period.