2026-01-18 15:28:42

ETH has been consolidating around key daily support/resistance levels. The price action suggests a potential breakout scenario is forming, with the D1 EMA 200 acting as a critical inflection point. Once this moving average gets cleared on the upside, the technical setup could present a compelling long opportunity. The broader confluence of technical factors points toward a potential move toward $3450 as a realistic target for this leg. However, the golden rule remains unchanged: conviction entry only materializes when all confluence factors align and the trigger conditions are satisfied. Premature entries without confirmation typically lead to unnecessary drawdowns. The market will likely provide clearer directional bias in the coming sessions.

ETH1.08%

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defi_detective

· 5h ago

Waiting for EMA200 to break again? To be honest, I'm a bit tired of this kind of "convergence factor" explanation. Is the $3450 target reliable, or are we going to get trapped again?

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MEVSandwichVictim

· 6h ago

Waiting for EMA200 to break again? Look, this kind of key level has played out several times... Every time, it’s said to be an attractive bullish opportunity, but what’s the result? It just gets knocked down again. The 3450 target sounds good, but there are too many preconditions, it feels like a "if it doesn’t work out, we’ll just change our tune" routine.

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LiquidityWitch

· 6h ago

Waiting for a breakout again? I think, this time it's really different... Break below EMA200 and go all in, anyway I'm used to the pullbacks.

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VibesOverCharts

· 6h ago

Wait, is it the EMA200 again? I just want to know if this time it's another false alarm...

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AlwaysAnon

· 6h ago

Waiting for EMA200 breakout again? I've heard this explanation several times, but the $3450 level is quite attractive.

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gas_guzzler

· 6h ago

Here comes the 3450 dream again. Let's see if it can break the EMA200.

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SybilSlayer

· 6h ago

It's the same EMA200 trick again, tired of hearing it --- That target of 3450? Wake up, brother, it's easy to say --- Waiting for trigger conditions? Been waiting since the monkey year and horse month --- Every time it's "an attractive bullish opportunity," but what’s the result --- This is the golden rule you mentioned, sounds like you didn't say anything at all --- Getting stopped out after entering early, not entering and regretting it, unbelievable --- Breakout upwards? I think the probability of breaking down is higher --- Feels like the people writing these analyses don't know what’s going to happen next either --- $3450 is so far away, might as well just tell me when it will actually reach --- Converging factors all aligned? I don't think we'll see that this week

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