2026-01-09 19:28:52

Are there already sell signals in the Ethereum market? A look at the daily chart reveals interesting patterns – the Elliott Wave analysis indicates possible wave movements, making the current price action worth a closer watch. The question is: Are we in a correction phase, or is this a temporary consolidation before the next surge? Traders should keep an eye on intraday dynamics as well as resistance and support levels. ETH remains volatile – both bulls and bears currently find relevant triggers in the chart.

ETH0,14%

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.

5 Likes

Reward
5
5
Repost
Share

Comment

0/400

LiquidatedDreams

· 01-09 19:58

ETH is messing around again, talking about whether it's Elliott Wave or not... I just look at the candlesticks, if it drops, it drops.

View OriginalReply0

BankruptWorker

· 01-09 19:58

Here comes Elliott Wave again. Honestly, I can spot the waves every time haha. ETH has been really dizzy these days. It feels like every time I think it's going to rise, it crashes down. Whether the support level holds is the key, or else it will go bankrupt again.

View OriginalReply0

tx_pending_forever

· 01-09 19:54

ETH this wave is really hard to understand... Selling pressure signals and consolidation happening at the same time, this is unbelievable.

View OriginalReply0

DeFiGrayling

· 01-09 19:50

Elliott Wave is back again. Can it really be predicted this time? Haha

View OriginalReply0

PortfolioAlert

· 01-09 19:50

NGL Elliott Wave analysis feels more and more like mysticism. ETH keeps flipping back and forth, it's really exhausting. --- It's support and resistance levels again. After talking about it for so long, I still don't know how to operate. --- With such high volatility, do you still dare to trade? I just lie flat. --- Wave theory is back. Last time I followed this approach, I suffered losses. I'm a bit numb to these chart analyses. --- Let's see if it can break the key support. Otherwise, this wave might indeed be the main decline. --- All in all, it's just oscillation. When will the real direction come?

View OriginalReply0