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2026.01.02
Since the bottom was indicated on 11.21 and a phase top was suggested on 12.11, ETH re-entered the market on 12.19. Repeatedly emphasizing that the rally starting from 11.21 has not yet ended, the current market is progressing as expected.
On 12.30, I discussed two possible adjustments for ETH's ongoing movement. The attached chart today still follows the previous viewpoint:
Currently, there is a high probability that ETH will move upward in red. Next, focus on tonight’s pullback situation, which might be the last chance to buy before a sharp rally.
The upcoming days' market trend will directly determine the upper limit of this wave of ETH's rally. Its earliest target could appear during Gann’s time frame of the week starting 1.12, with reference prices around 3600 and 3700. If the market remains strong, the rally could extend until the week of Gann’s time frame 1.19, with a reference price near 3900.
#ETH走势分析 $ETH