When analyzing weekly charts of Ethereum and Bitcoin, a clear consolidation period has been observed over the past three weeks. Price action suggests that a strong move may be imminent.
The key target zone for Ethereum is highlighted at the $4600 level. Technical indicators generally continue to signal positive momentum, supporting a bullish outlook.
Considering volume profiles and price structure, it appears important for market participants to closely monitor these levels. The coming weeks could be critical.
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SillyWhale
· 01-21 12:34
Still building momentum, I've had my eye on the 4600 level for a while. Let's see if it can break through this week.
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SatoshiLeftOnRead
· 01-21 09:11
Waiting for a breakdown again. The consolidation over these three weeks has really been a bit exhausting.
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HypotheticalLiquidator
· 01-20 19:50
It's the same old story... It's been three weeks of consolidation, claiming "preparing for strong volatility," but what's the reality? I think it's mostly a bull trap.
The 4600 target level is not bad, but the question is—what's the current loan rate? Has the leverage position health factor declined? These indicators are the real key.
There are plenty of positive signals technically, but at the same time, there are also many chain liquidations. Don't be blinded by those minor positives.
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LiquidityLarry
· 01-19 16:45
Wait, can the 4600 target really be broken? It feels like we've been repeatedly confirming support over the past few weeks, and I’m starting to lose patience.
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DegenWhisperer
· 01-18 13:03
The 4600 level sounds good, but I don't know when it will actually break through.
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WhaleInTraining
· 01-18 12:58
Talking about consolidation again, you say this every time... Can 4600 really be broken?
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FUDwatcher
· 01-18 12:50
Wait, is $4600 the bottom line? I think we need a breakout for this wave.
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ChainChef
· 01-18 12:48
so eth's basically been simmering in its own juices for three weeks... 4600 is looking like the plating point ngl. recipe's almost ready to serve 🍳
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FUD_Whisperer
· 01-18 12:37
It's the same consolidation narrative every week, I'm tired of hearing it... Can 4600 really be broken? I'd love to see it happen.
When analyzing weekly charts of Ethereum and Bitcoin, a clear consolidation period has been observed over the past three weeks. Price action suggests that a strong move may be imminent.
The key target zone for Ethereum is highlighted at the $4600 level. Technical indicators generally continue to signal positive momentum, supporting a bullish outlook.
Considering volume profiles and price structure, it appears important for market participants to closely monitor these levels. The coming weeks could be critical.