4.4 ETH Morning Market | The longer the consolidation, the more intense the breakout



ETH around 2050 looks very calm
But this compression structure often foreshadows a rapid breakout

After a night of oscillation, the market remains within the range
Short-term momentum is starting to tilt slightly bearish.

From the 15-minute chart
The highs keep decreasing
Trading volume continues to shrink
Moving averages are converging downward

The bulls have no desire to attack
The market is waiting for a direction to be chosen.

Key threshold:

Break above 2065 → Short-term bullish
Around 2058 → Current resistance
Break below 2040 → Bears gaining momentum
Lose 2000 → Sentiment may amplify

Morning strategy: Don’t chase longs

If the rebound doesn’t break 2065, view it as bearish
If it breaks below 2040, look for a pullback

The longer the consolidation, the more intense the breakout
The direction hasn’t been decided yet, but the structure is already signaling
#ETH
ETH-0.37%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin