2025-12-24 22:20:36

Ladies and gentlemen, honestly, this round of ETH's movement is truly nerve-wracking.

Looking at the latest weekly chart, a few sets of data laid out on the table immediately reveal the pressure: the price has already broken through the 3070 USD level, which is the 50-week vital support line. Every time it rebounds and approaches 3450 USD, it gets pushed back down, as if an invisible hand is pressing down.

The most critical level now is 2623 USD. This is the line of life and death. Experienced technical analysts are closely watching this—once the trading volume breaks below and drops further, the downward channel will truly open, and the next target to watch is the 1600 USD region.

But on the other hand, everything has two sides. If ETH can regain stability above 3450 USD and break upward, then 4000 USD is not far away, and there’s even a chance to push for another wave towards 5000 USD.

Currently, ETH is like riding right in the middle of a seesaw—whether it moves left or right by one step will determine whether 2026 will see a bottom or climb to a peak. Every support and resistance level is packed with massive orders, and market sentiment concentrates at these points. Once broken, there will be intense one-way volatility.

For investors, this moment could be a golden opportunity to buy the dip or chase the rally, or it could be a trap of missed chances or getting caught in a trap. The key question is: are you betting all your chips on this seesaw, or at least keeping some assets safely on the ground?

ETH0.63%

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ProofOfNothing

· 16h ago

2623, this critical level really can't hold anymore The seesaw analogy is perfect. Now I'm just worried about a sudden dump.

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DeFiDoctor

· 16h ago

The consultation records show that ETH's recent clinical performance indeed warrants close attention—once the 2623 level is broken, subsequent complications could be severe. It is recommended not to go all-in on the seesaw; the risk warning is too obvious. Breaking the 2623 level is the real point where regular re-evaluation is needed; it's too early to diagnose now. The volume indicator is weak, which is not a bottom-fishing signal but a symptom of capital outflow. Don't be fooled by the rebound; the true health assessment depends on whether it can hold the 3450 level.

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LiquidatedThrice

· 16h ago

Hmm, 2623 is really that threshold. Once broken, straight to hell. It's hard to watch, and I still have to pretend to be calm. No, how come 3450 still can't be broken? Is there a ghost in this? Holding for so long, just waiting for this wave. Being cautious is not wrong. Half of the position has already exited, the remaining one is risking it all. Anyway, it's been liquidated three times already.

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