2026.01.06

From 11.21-12.11, I captured ETH's 30%+ gain, then signaled a phase high on 12.11 and started declining. After re-entering on 12.19, ETH has now gained 17%+. All analysis is supported by previous posts, not hindsight commentary.

ETH was blocked at the resistance zone shown in the chart early this morning and pulled back. The likely scenarios ahead are as follows:

Red Route: ETH fails to break through the resistance zone above over the next two days and begins a corrective wave. After the correction ends, it continues to rally, creating a new high above 3447.44 to end the daily-level rebound from 2624. (In extreme cases, it could end near the high without breaking new highs)

Blue Route: It tests 3266 resistance again and breaks through effectively. If this occurs, ETH's endpoint could be around 3700, 3800 or even higher.

Regardless of whether 3266 breaks again next, we need to monitor ETH's subsequent correction pattern—whether it runs a sideways consolidation or a deep pullback. This will help us determine the subsequent upside target.

ETH's upside endpoint could appear as early as the Gann time cycle around 1.12 that week or even near 1.10, so we need to closely monitor the upcoming price action. #ETH走势分析 $ETH