2026-01-19 08:35:14

A noteworthy signal has appeared on the 4-hour chart of Ethereum—the attempt to break through the previous high resistance level has failed. Currently, the market is showing a typical oscillating convergence pattern, with bulls and bears repeatedly testing this range. From a bearish perspective, if this correction continues to break down, the target for the phase is set around 3080. By observing recent trading volume and pattern development, the market is accumulating energy for the next breakout.

ETH-5,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
8
Repost
Share

Comment

0/400

WalletDetective

· 9h ago

Another resistance breakout failure? I'm tired of this routine. Every time they say it's about building momentum and accumulating energy, but what’s the result?

View OriginalReply0

gaslight_gasfeez

· 01-20 06:40

Failure to break through is like handing a knife to the bears. See you at 3080.

View OriginalReply0

AirdropChaser

· 01-19 09:03

The failure to break below has been obvious for a while. That 3080 level, I bet five wontons it can't break.

View OriginalReply0

SelfCustodyIssues

· 01-19 09:02

Here we go again, with this kind of "building momentum" talk. Every time it's said like this, but in the end, the market still ends up crashing randomly.

View OriginalReply0

NeverPresent

· 01-19 08:58

Here comes the 3080 again, feels like we're talking about a breakdown every day haha

View OriginalReply0

OldLeekMaster