Based on recent trends, ETH's performance around the 21-day moving average can be considered stable. The key support level holding is very important—it indicates that market sentiment is still present. More notably, the continuous net inflow of ETF funds has provided solid support for this rebound. At this pace, the upward momentum should be able to continue.



Of course, we also need to watch for resistance on the way up. The first noticeable resistance zone I observed is between 0.036 and 0.037. If ETH can hold this support, there is room for further upward movement; otherwise, we may need to reassess the recent rally. Overall, the short-term technical outlook still signals a bullish bias.
ETH0,41%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
OnlyUpOnlyvip
· 01-08 15:55
As long as the 21-day moving average holds, that's fine. This rebound is quite solid. ETFs continue to pour in money, and the liquidity situation speaks for itself. I'm just worried that the 0.037 level can't be broken through, and we end up with a false breakout again.
View OriginalReply0
OnchainHolmesvip
· 01-07 04:50
The support held, and ETFs are still buying... However, this 0.036-0.037 is really a hurdle.
View OriginalReply0
airdrop_whisperervip
· 01-06 12:48
The ETF net inflow this time does have some substance, but I'm a bit worried about the 0.036-0.037 threshold. What if it breaks through, what should we do?
View OriginalReply0
DiamondHandsvip
· 01-06 12:46
As long as the 21-day moving average holds, that's fine. Don't hype it up too much. --- The ETF net inflow this time is quite steady; let's see if it can break above 0.037. --- Holding the support is a good sign; otherwise, it's time to run. --- Defending the resistance level is crucial; if we can go up this time, it's a profit. --- It's good that market sentiment is still there; don't play false. --- The 0.036 to 0.037 range needs to be watched closely. --- Bullish signals are bullish signals, but I remain cautious. --- Continuous capital inflow is good; just worried about a sudden reversal. --- Short-term is leaning bullish, but don't go all-in, everyone. --- Holding the support level is really key; you're right.
View OriginalReply0
SingleForYearsvip
· 01-06 12:37
Holding the support level is a good sign; the continuous inflow into ETFs definitely indicates something significant.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)