ETH's trend continues the rhythm of gradually rising highs and lows, and the current range is precisely the key position for the inverse head and shoulders pattern. Looking downward, the Fibonacci 618 level ( $3591 ) is the first rebound point, where support is expected to form. If it stabilizes in this area, the upward target points to $4955. This is a typical two-in-one-out rhythm — seemingly a pullback, but actually accumulating strength for the next wave of rise. The key is to hold the trendline, otherwise the risk of a breakdown must also be guarded against.
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SeeYouInFourYears
· 12-18 06:42
If this critical point at 3591 isn't held, it could be troublesome. Don't be fooled by the beautiful analysis; breaking through is just a matter of minutes.
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GhostChainLoyalist
· 12-17 12:55
The inverse head and shoulders is back again. I feel like I hear this term every time, haha.
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ForkMaster
· 12-16 22:59
618 is here again, we've seen this number many times... If you can't hold on, it's just nonsense. Don't spend all day drawing charts to fool people.
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ColdWalletGuardian
· 12-16 22:59
The reverse head and shoulders theory is back again. The key is whether 3591 can hold. If it breaks, it will be troublesome.
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Welucky
· 12-16 22:44
😂😂😂
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GateUser-78989d9a
· 12-16 22:36
What is Fibonacci? Is it Turtle Power? It's so powerful.
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SilentObserver
· 12-16 22:32
It's another inverse head and shoulders, and Fibonacci too. All the fancy talk, but isn't it only after the breakout that you'll know?
ETH's trend continues the rhythm of gradually rising highs and lows, and the current range is precisely the key position for the inverse head and shoulders pattern. Looking downward, the Fibonacci 618 level ( $3591 ) is the first rebound point, where support is expected to form. If it stabilizes in this area, the upward target points to $4955. This is a typical two-in-one-out rhythm — seemingly a pullback, but actually accumulating strength for the next wave of rise. The key is to hold the trendline, otherwise the risk of a breakdown must also be guarded against.