Ethereum's upward trend is still ongoing. From a technical perspective, this rebound logic remains intact, with key support and resistance levels indicating further upside potential. ETH's current price action shows strong characteristics; whether judging from on-chain data or chart patterns, this idea is well-founded. Holders can continue to watch the performance after breaking through key resistance levels, as market sentiment and capital flow coordination will determine whether it can break new highs later. Overall, ETH's bullish logic remains valid.
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HypotheticalLiquidator
· 37m ago
Speaking of which, is this rebound logic "complete"? I see the leverage borrowing data skyrocketing, and a high level of market liquidity doesn't necessarily mean there's no risk... We need to keep a close eye on the liquidation price; once sentiment reverses, it could lead to chain reactions of liquidations at any moment.
Breaking new highs sounds good, but the health factors are being eroded, and that's the key. Technical indicators look good, but risk control thresholds are what I truly care about.
On-chain data looks impressive but doesn't mean there's no systemic risk. Those chasing the highs now should start thinking about their deleveraging plans.
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CryptoNomics
· 9h ago
lol "logic still valid" — yeah until it isn't. your support/resistance levels are basically just drawing lines on a chart and hoping the market gods agree with you. correlation matrix between on-chain data and price action would actually tell us something, but sure, let's keep pretending TA is science
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RektRecorder
· 01-03 07:51
Wait, has the resistance level really been broken? Why didn't I see a new high?
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AirdropHunterKing
· 01-03 07:50
I just want to ask, during this wave breaking the resistance level, did anyone manage to grab the airdrop? Damn, I always get stuck on the gas fees.
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MoonlightGamer
· 01-03 07:48
Well, the support level looks pretty solid, let's see if it can hold up.
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Talking about logical completeness again... last time it was said like this, and it just collapsed.
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How's the on-chain data? Are whales accumulating?
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Breaking new highs? Ha, first ask if the big players agree or not.
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The technical analysis sounds good, but it still depends on whether the funds are willing to follow.
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I just want to know if this resistance level will really break, feels like we're going to be shaken out repeatedly.
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Continue to watch? I've seen enough, just waiting for the bottom to re-enter.
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DataChief
· 01-03 07:47
Bro, this move really has some potential, on-chain data is right there
The technical aspect looks good, it all depends on whether the funds are willing to cooperate
Talking about complete logic again? Last time I said that, it got crushed immediately, so I’ll wait and see
The support level is indeed stable, but breaking new highs? Let’s not get ahead of ourselves
The current market rhythm is all about how the funds play out, pure technical analysis isn’t very useful
Holders, keep going! I’ll just observe for now
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BearMarketSurvivor
· 01-03 07:47
Honestly, this ETH rebound is quite interesting, but don't get too excited. If the funding environment can't keep up with the sentiment, you'll end up losing out.
Watching the chart patterns every day is less effective than sticking to your stop-loss...
It's the same old story of breaking new highs, I've heard it countless times. Can it really break?
The key is still that large-volume bullish candle. It's too early to say anything now.
Holding is holding, but you need a plan, brother. It can't all be just technical stories.
Ethereum's upward trend is still ongoing. From a technical perspective, this rebound logic remains intact, with key support and resistance levels indicating further upside potential. ETH's current price action shows strong characteristics; whether judging from on-chain data or chart patterns, this idea is well-founded. Holders can continue to watch the performance after breaking through key resistance levels, as market sentiment and capital flow coordination will determine whether it can break new highs later. Overall, ETH's bullish logic remains valid.