2026-01-04 11:23:01

From the daily chart perspective, Ethereum has been forming a symmetrical triangle pattern since bottoming out at the end of November last year, with the convergence continuing. You will notice that the lows are gradually rising while the highs are slowly declining, which often indicates a period of accumulation—an obvious sign of a stable bottom.

On the macro level, liquidity remains broadly loose, and with staking volume surpassing the 30 million mark, the fundamental support should not be underestimated. Recently, the price successfully broke above the key technical level of $3,000, and the short-term rebound momentum is quite strong, suggesting there is still potential for further upward movement.

From the latest technical analysis: Bitcoin is oscillating between 91,100 and 90,600, with a target towards 92,200-93,000; Ethereum is supported near 3,120-3,100, with attention on the resistance zone of 3,170-3,200. The key to this phase of the market still depends on whether liquidity can continue to remain loose and whether these technical levels can be effectively broken through.

ETH0,66%

BTC-0,23%

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.

14 Likes

Reward
14
9
Repost
Share

Comment

0/400

WhaleWatcher

· 01-07 08:49

Symmetrical triangle buildup, same old story? Last time I analyzed it this way, it didn't really rise much either haha Once it breaks 3000, they'll start bragging, but we'll see if it can hold steady first The staked amount breaking 30 million is indeed significant, but can liquidity really be relied upon to stay loose? The resistance level at 3170 for ETH feels like it will be tested repeatedly again, so annoying Bitcoin's push to 93,000 is just a token effort; if it can't break through, we still have to wait.

View OriginalReply0

BearMarketLightning

· 01-05 15:03

I've heard the rhetoric of the symmetrical triangle too many times. Every time it's about building momentum, but what’s the result? Can 3000U really break through? I think we should wait and see. Staking 30 million coins sounds good, but I’m afraid it’s just another numbers game. Who trusts loose liquidity? Everyone is just relying on this as a safety net. If ETH is really going to rebound, let it rebound. Stop with these technical analyses. 92,200-93,000? Ha, just the prelude to a top. It’s only interesting if this wave can break through the resistance band; otherwise, it’s just a false breakout.

View OriginalReply0

LuckyHashValue

· 01-05 00:33

The idea of a symmetrical triangle accumulation pattern has been heard too many times. Every time, it's said to break out, but what happens? Has it stabilized at $3000? I feel like it's still testing the waters... Staking volume breaking 30 million sounds good, but the real driver of a rally depends on the funding situation, which is the key.

View OriginalReply0

NFTPessimist

· 01-04 11:50

Symmetrical triangle accumulation has been talked about too many times. Every time, it's said to break out, but then it repeatedly oscillates. Once it surpasses 3000, everyone gets excited, forgetting how it dropped back in November last year. Liquidity easing? Don't make me laugh. Who still believes that now?

View OriginalReply0

SignatureDenied

· 01-04 11:49

Symmetrical triangle buildup? To me, it looks like repeatedly harvesting the little guys. How many times has the 3000-dollar level been broken?

View OriginalReply0

CryptoWageSlave

· 01-04 11:48

The phrase "Symmetrical triangle accumulation" has become tiresome... I said the same thing last time, and it ended up dropping to grandma's house. Is the $3000 level holding steady? I still feel it's shaky, let's wait and see. Staking 30 million tokens is indeed exciting, but whether it can truly rise depends on whether the macro environment supports it.

View OriginalReply0

VitaliksTwin

· 01-04 11:45

Breaking through the $3000 mark is indeed quite interesting; now it depends on whether the liquidity can hold up afterward.

View OriginalReply0

GasSavingMaster

· 01-04 11:42

The idea of symmetrical triangle consolidation has been heard too many times; the key is whether it can break through or not. Bitcoin really needs to break 93,000 to count; right now, it's just in a phase of oscillation and consolidation, not much to see. Staking surpassing 30 million is a big deal, but as soon as liquidity tightens, it immediately reverts to its original state. This logic has been repeated countless times. Holding steady above the $3,000 mark? Let's wait and see. We've seen too many rebound traps.

View OriginalReply0

PonziWhisperer

· 01-04 11:28

The concept of a symmetrical triangle has been heard too many times; how many can truly break through? Getting excited when surpassing 3000, but I think we still need to focus on liquidity—this is the real key. Staking 30 million tokens sounds good, but who still cares about fundamentals now? If the technical levels can't be broken, it's all pointless. The second coin faces a bit of tight pressure; it feels like it needs to be tested a few more times before breaking. The big coin is oscillating within this range; I don't even want to look until it breaks 92,200.

View OriginalReply0