ETH continues to attract attention. After a period of adjustment, we see Ethereum reaching the key support level as expected. The subsequent rebound was quite good, with a 30% increase, but from the wave structure, it is still forming a third wave pattern.



To confirm the sustainability of this rebound, it is crucial to observe the subsequent development in the lower price range. If more positive technical signals and trading volume support can be seen, confidence in the future trend will be strengthened. Recently, ETH's performance is worth close monitoring—whether the support level can hold, and whether it can break through previous resistance, these will determine the next direction.
ETH3.65%
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
  • 7
  • Repost
  • Share
Comment
0/400
MEVEyevip
· 7h ago
30% rebound, so what? Wave three isn't over yet, this is just the beginning. --- Trading volume needs to keep up, or else the rebound is just a false alarm. --- Looking at support levels again, every time I say that, it still ends up breaking. --- Wait, can it really stabilize this time? Something feels off. --- Wave three pattern is so reliable? Why do I feel a bit uneasy? --- Positive signals + trading volume, sounds pretty professional haha, the key is whether it can really come.
View OriginalReply0
TxFailedvip
· 23h ago
nah honestly, 30% bounce looks nice on paper but... technically speaking, wave three is where ppl usually fomo in & get liquidated lol. seen this movie before, not falling for it again
Reply0
TokenAlchemistvip
· 23h ago
ngl the triple formation call is textbook elliott wave theater... volume's the real tell here tho. 30% pop without conviction buying just feels like state transition noise before the next liquidation cascade hits
Reply0
gas_guzzlervip
· 23h ago
A 30% rebound isn't a big deal; the key is whether it can hold steady.
View OriginalReply0
TopBuyerForevervip
· 23h ago
A 30% rebound is indeed attractive, but I'm worried it's another scam... --- Third wave? I bet it drops straight back to the support level. --- Volume compatibility is the key; without volume, everything is pointless. --- Starting to talk about technical analysis again. You promised to hold, brother. --- I don't know if the support is solid, but I’ve bottomed out again anyway. --- Break through resistance? Better protect your kidneys first. --- Always say to monitor closely, but what’s the result? --- I just want to know if it can break the previous high; everything else is nonsense.
View OriginalReply0
MevShadowrangervip
· 23h ago
A 30% rebound sounds impressive, but upon closer inspection, Wave 3 hasn't even fully formed yet. No matter how much you hype it up, if the trading volume doesn't cooperate, it's all pointless. Support levels have been discussed a thousand times, but the key still depends on whether the funds are willing to enter. ETH is currently just testing the waters; it could drop again at any time. No matter how good the wave pattern looks, without volume to support it, it's all just empty.
View OriginalReply0
WhaleWatchervip
· 23h ago
A 30% rebound is not false, but the third wave is not yet complete. Let's wait a bit longer. --- Support levels are always talked about, but in the end, we all know how it turns out. --- Supporting volume? I feel like it's always insufficient. --- It's another case of observing. When will it truly break the previous high? --- ETH is a bit weak in this wave, not as resilient as before. --- Those bottom-fishing at low levels should be overjoyed now, just waiting to see if it can continue. --- There are many technical signals, but the key is whether the whales are present. --- The third wave is forming... I've heard this phrase too many times, but what was the result? --- It seems we need to wait a bit longer to break through resistance. Don't be too impatient. --- If trading volume doesn't increase, the rebound is just a false move.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)