ETH's price action this noon clearly formed a triangle convergence breakout pattern. From a technical perspective, it is now a critical period for positioning.
My idea is as follows: you can gradually build long positions in batches within the 3098 to 3080 range. Currently, the price is repeatedly testing between 3080 and 3145, having successfully broken through 3145 and stabilized, indicating that upward momentum is accumulating.
If the market cooperates, profit-taking can be planned as follows: first focus on 3145 as the first confirmation point, then see if 3190 can effectively hold. If the momentum continues strongly enough, reaching the 3225 level is entirely within the realm of possibility.
But trading is never one-way, and risk management is equally crucial. The stop-loss position is very important. If the price falls below 3050, you should decisively cut losses and exit, avoiding any wishful thinking.
Currently, since it has already broken through 3145 with no signs of a pullback, it is likely to continue its upward trend. The next focus should be on the target zone between 3190 and 3225, with some positions pre-positioned to wait for the market to develop.
For friends still on the sidelines, don’t be too anxious. Patience to wait for a better entry opportunity and grasping the market rhythm are the most important.
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AirdropCollector
· 01-11 19:08
3145 broke through, just follow along. The technicals are so clear.
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It's about building positions gradually and setting a stop loss at 3050. Easy to say, hard to do.
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I’m optimistic about 3190, but I’m more worried that 3050 will hit first.
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This wave looks steady, but I’m afraid it’s a false breakout.
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Does the market need to cooperate? Uh, the market never cooperates with me.
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The 3225 target feels a bit high.
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Strong stop-loss awareness—this guy is not ordinary.
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Waiting for a better opportunity? Until when are you going to wait?
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Once it breaks out, you should chase; don’t hesitate.
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This rhythm feels right. I agree with the idea of building positions gradually.
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ponzi_poet
· 01-11 18:24
3145 has been broken, this time it feels a bit different.
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ContractSurrender
· 01-11 02:03
3145 break it and just go for it, don't be wishy-washy.
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MoneyBurnerSociety
· 01-09 07:57
Is that level 3145 going to be broken again? Last time, I believed this number and got stuck at 3050. Now you're still claiming "no signs of pullback," haha... Reverse analysts are indeed professional.
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WenMoon42
· 01-09 07:56
Has 3145 stabilized? This move is a bit interesting, but don't be greedy.
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Positioning correctly is the key; don't follow the herd and chase highs.
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I'll sell as soon as it breaks 3050; I don't play with heart-pounding moves.
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Wait, is this data reliable? It feels too smooth.
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I've heard a lot about convergence and breakout strategies, but I still prefer to watch the actual market trend.
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I like the idea of building positions gradually, just worried about a false breakout in the opposite direction.
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3225? Overthinking it, probably. First, hold the 3190 level.
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Stop-loss is crucial; it all depends on who can execute it properly.
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Market rhythm is the hardest to grasp; be careful not to get trapped.
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Repeated testing of this level is interesting, but confirmation after a breakout is what counts.
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LiquidatedAgain
· 01-09 07:53
The data sounds pretty convincing, but can the 3050 really hold up? I got liquidated last time at a place where I was "standing firm"... I wish I had known earlier.
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ContractBugHunter
· 01-09 07:49
3145 broke support and stabilized. This move really feels promising. A push between 3190-3225 is still possible.
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OnChain_Detective
· 01-09 07:45
nah hold up, pattern analysis suggests this whole "triangle breakout" narrative hits different when you actually pull the data. flagged transactions clustering around 3145 screams suspicious activity detected tbh... not financial advice but wallet monitoring shows some heavy accumulation signals that don't quite add up. dyor fr.
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ImpermanentSage
· 01-09 07:44
Did 3145 break below? Then we have to see if 3190 can hold, otherwise this move will be a fake breakout again.
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PancakeFlippa
· 01-09 07:39
3145 has stabilized above this level. The momentum is indeed impressive. Looking forward to continued growth.
ETH's price action this noon clearly formed a triangle convergence breakout pattern. From a technical perspective, it is now a critical period for positioning.
My idea is as follows: you can gradually build long positions in batches within the 3098 to 3080 range. Currently, the price is repeatedly testing between 3080 and 3145, having successfully broken through 3145 and stabilized, indicating that upward momentum is accumulating.
If the market cooperates, profit-taking can be planned as follows: first focus on 3145 as the first confirmation point, then see if 3190 can effectively hold. If the momentum continues strongly enough, reaching the 3225 level is entirely within the realm of possibility.
But trading is never one-way, and risk management is equally crucial. The stop-loss position is very important. If the price falls below 3050, you should decisively cut losses and exit, avoiding any wishful thinking.
Currently, since it has already broken through 3145 with no signs of a pullback, it is likely to continue its upward trend. The next focus should be on the target zone between 3190 and 3225, with some positions pre-positioned to wait for the market to develop.
For friends still on the sidelines, don’t be too anxious. Patience to wait for a better entry opportunity and grasping the market rhythm are the most important.