From a technical perspective, Ethereum has been consolidating within a correction phase over the past twelve months. The price action reflects a period of range-bound movement following the previous rally, which is fairly typical during market corrections. Traders monitoring ETH should pay attention to key support and resistance levels during this consolidation to identify potential breakout or breakdown scenarios.
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GweiWatcher
· 3h ago
Wait a minute, has ETH really been consolidating for over a year? It feels like it's trapped... The support and resistance levels haven't changed much no matter how you look at it. When will it break through?
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FOMOSapien
· 14h ago
Wait, is support really that important? It feels like it always breaks.
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ReverseFOMOguy
· 12-29 09:46
A whole year's consolidation without breaking the level, it's really torturous.
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FloorPriceNightmare
· 12-29 09:42
Wait a minute, are these 12 months of consolidation really a correction? Why do I feel like ETH is bottoming out...
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zkNoob
· 12-29 09:40
Wait a minute, has ETH been grinding like this for over a year? It feels endless. When will it break through?
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AirdropNinja
· 12-29 09:35
Wait, a 12-month consolidation? Isn't that just showing us a "healthy technical outlook," haha...
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GreenCandleCollector
· 12-29 09:31
Tsk, another year of consolidation. I'm tired of this routine.
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GasFeeWhisperer
· 12-29 09:30
After such a long consolidation, when will it break out? I've been waiting so long I'm almost falling asleep.
From a technical perspective, Ethereum has been consolidating within a correction phase over the past twelve months. The price action reflects a period of range-bound movement following the previous rally, which is fairly typical during market corrections. Traders monitoring ETH should pay attention to key support and resistance levels during this consolidation to identify potential breakout or breakdown scenarios.