2026-01-05 03:30:57

ETH has been performing really strongly recently. The daily chart has seen eight consecutive days of higher lows, the 60-day moving average has been broken, and the MACD has also moved above the zero line—these are typical signals of a trend reversal to strength. Therefore, at this stage, the correction should be used for long positions, and don't think about shorting.

From a Chan theory perspective, ETH is currently in the third wave of a daily rebound within a weekly correction, with the target range stuck between 3360 and 3460. The key next step is to wait for a four-hour correction to appear; it is expected that we will see some action by tomorrow. There will be updated strategic ideas then.

In summary, stay patient and wait for a correction signal.

ETH-1,81%

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TestnetScholar

· 22h ago

Raising the lows over eight days is indeed impressive, but could the 3360 to 3460 range just be another pie-in-the-sky?

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Blockwatcher9000

· 01-07 18:21

Raising the lows over eight days does show some signs, but can this wave push to 3460? Feels a bit uncertain.

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ThreeHornBlasts

· 01-05 06:11

The current dip is indeed stable. I'm optimistic about the 3360-3460 range.

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RugPullSurvivor

· 01-05 04:01

Raising the lows over eight days is indeed impressive. Once the 60-day moving average is broken, it's time to chase, but don't be greedy and wait for it to drop to 3360.

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AltcoinMarathoner

· 01-05 03:59

mile 20 vibes rn... eth's just pushing through another wall. the accumulation phase is real, patience wins marathons not sprints

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MissedAirdropBro

· 01-05 03:57

Raising the lows over eight days is indeed interesting, but can the 3360-3460 range really be broken out?

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PumpAnalyst

· 01-05 03:56

Low positions are okay, but don't chase high, brother. The big players are just waiting for you to make this move. --- MACD crossing the zero line? How many times have I seen it go back and forth? Risk control is the most important. --- Why does the target range of 3360-3460 always seem so perfectly aligned? Feels like there's some ambush involved. --- Tomorrow's four-hour correction? I bet five bucks it either doesn't happen or it drops straight through the support. Who dares to take the bet? --- Chan theory plus technical analysis, sounds impressive, but in reality, it's just waiting for a pullback to buy in. Be careful, retail investors. --- It sounds nice, but it's actually just buying low and waiting to be cut. Don't say I didn't warn you all. --- Raising the low point over eight days shows some effort, but what does this rally and bottom-building mean? Watch out for the big players' tricks.

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BearMarketLightning

· 01-05 03:45

Raising the low point in eight days and then claiming a shift to strength? I see your detailed analysis based on Chan theory, but don't forget that last time your 3360 also didn't hold.

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FastLeaver