ETH is demonstrating a typical strong trend on the weekly chart. Since the beginning of the year, the lower boundary of the upward channel has been perfectly respected, and each time the price touches this critical area, it triggers a wave of upward acceleration. Currently, ETH is holding steady around 3.1k, and this position is no exception—will history repeat itself? From a technical perspective, such repeatedly tested support levels often indicate the starting point of the next rally. The strong channel structure combined with multiple bottom confirmations provides ample reasons for the subsequent market movement.
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DogeBachelor
· 13h ago
Is this support level at 3.1k really that strong? Feels like I say this every time.
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RektButStillHere
· 13h ago
3.1k, this support level is starting to play out again. Every time, they say "history repeats," but why has it never truly repeated?
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NotFinancialAdvice
· 13h ago
3.1k is testing the lower band again. Can it bounce back this time? Getting a bit tired.
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StealthDeployer
· 13h ago
3.1k is testing the lower band again. If this breakdown really happens, I will cry.
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MEVHunterX
· 13h ago
Is this position of 3.1k really that amazing? It feels like I say this every time, haha.
ETH is demonstrating a typical strong trend on the weekly chart. Since the beginning of the year, the lower boundary of the upward channel has been perfectly respected, and each time the price touches this critical area, it triggers a wave of upward acceleration. Currently, ETH is holding steady around 3.1k, and this position is no exception—will history repeat itself? From a technical perspective, such repeatedly tested support levels often indicate the starting point of the next rally. The strong channel structure combined with multiple bottom confirmations provides ample reasons for the subsequent market movement.