ETH is positioned to test the 6k level, and fundamentals haven't really shifted in the bigger picture. What's more telling is the technical setup on the 3-day timeframe—the structure suggests a trend reversal could be in the making. The confluence of price action and chart patterns is starting to align for a potential directional change. Worth keeping an eye on how this develops over the next few candles.
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DefiSecurityGuard
· 01-19 18:11
⚠️ hold up—before anyone goes chasing that 6k reversal, run a full contract audit on your entry conditions. seen this chart pattern trigger honeypots 47 times already. not financial advice but... verify your MEV protection first or you're basically asking to get frontrun into oblivion
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MoodFollowsPrice
· 01-19 15:41
Can 6k really be broken? Feels a bit uncertain this time.
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FufuEarns1,000UDaily.
· 01-16 19:01
Next week's fluctuations won't be too large. At most two hundred points.
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BTCBeliefStation
· 01-16 18:55
6k? Here we go again. When was the last time I heard this kind of statement... The 3-day moving average does have some significance, but I'm tired of hearing the word "reversal." Let's wait for the trend to speak.
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ProofOfNothing
· 01-16 18:54
Is it 6k now? Can it break this time? Feels like I've said it several times before.
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SmartContractDiver
· 01-16 18:43
6k? Same old story, I believe it anyway... The 3-day chart does show some signs, let's see if the following candles can really turn the tide.
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ThatsNotARugPull
· 01-16 18:30
6k? Feels like they're about to trick me into entering the market again. Those on-chain analysts always love to craft stories about "upcoming reversals."
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HappyToBeDumped
· 01-16 18:28
Whether this 6k level can be broken depends on the subsequent candles. I think the fundamentals haven't changed much; just keep an eye on the structure of the 3-day moving average.
ETH is positioned to test the 6k level, and fundamentals haven't really shifted in the bigger picture. What's more telling is the technical setup on the 3-day timeframe—the structure suggests a trend reversal could be in the making. The confluence of price action and chart patterns is starting to align for a potential directional change. Worth keeping an eye on how this develops over the next few candles.