#ETH
The hourly chart broke a key level abc and has been mentioned repeatedly near the support at 3830. This is the convergence point of the dual lines on the weekly chart, which can serve as a resonance level. The area around 3830 cannot be broken; if it is, the space will be compromised. As it stands now, the hourly cc1 has dropped below -100 and quickly recovered. The upper part forms a box space along 3830, with the middle track around 3950, and the upper track around 4080. There is a short-term need for correction, and the above three points should be watched sequentially, leaving some buffer space below for risk control. This order will definitely be profitable; if 4100 is broken, it will be the historical high, with no doubt about it. Currently, there are no signs of an end to the A structure at the weekly level.
From the CM perspective, the long positions established around 3830 either need to stop-loss out or see their profits retraced, which has been quite severe, similar to the recent sharp decline of the counterfeit market, which has been devastating. However, this is a market worth billions; a single flower does not make a spring. I believe that after tonight's interest rate decision, Bitcoin will start to weaken against Ethereum, marking the true beginning of the counterfeit season.

#ETH
Signal confirmation slope breaks upwards to test 4100, with the bullish-bearish conversion line around 3940 below. If there is no strong breakout above with a large upward candle during the upper test, then the next couple of days will be a narrow range oscillation between 3940-4100 waiting for this week's interest rate decision. Breaking above 4100 will lead to 4400-4900. It's just a matter of time for the breakout.

#ETH
Previous analysis has successfully completed 1/3 of the way, hope it can go as desired.
Weekly chart, very clear, this wave of Auntie really has a high probability of targeting historical highs. There is a misconception that during the Christmas European market, the demand for the index decreases and prices drop, but times have changed. In the past, there were no ETFs in a bull market; I only acknowledge trading volume, and all other technical indicators based on price are useless. Currently, there is no distribution phenomenon in CM. The inverse non-wave in the chart can be noted, provided that a historical high occurs.

#ETH
The slope of the breakthrough is 3980. If it breaks, we still need to see a big positive line to break 4090. The short-term target is 3980. The first target of the band is 4250-4400. The second target is a historical high. The probability of reaching it this week is relatively high.
(No hindsight, last week it was adjusted down to 3500-3550, and the 3830 long-short dividing line was also given. Let's see if the result is as I judged, 📈.)

#ETH
1. Continuing my previous viewpoint, after fluctuating upwards to the vicinity of the previous high, a large upward movement directly breaks through to 4200, with 4080 as the new bottom of the range.
2. Approaching 4080 also leads to a downward turn forming a double top.
I tend to prefer the first scenario; if a double top forms, there will be insufficient downward space for future declines, and CCI also supports an upward movement.

#ETH🔥🔥🔥🔥
The price has dropped to 3500 and is now consolidating around 3940 after breaking through the slope line. There’s not much to say about the consolidation in the green area, I believe there will still be a significant upward movement to reach 4080 to establish a new range bottom. If you ask how high it will go, I think we should first look at the 4200-4400 range in the next few days. PS: After looking at the comments in the square, the wave patterns ABC and trend lines are drawn so poorly that it's hard to watch, even Gann has come. 😀😀😀

Short-term repair demand, the first level above is 3685, the second level is 3775, the bull-bear boundary is still near 3830, and a breakthrough with stability at the slope gives a bullish outlook.

#ETH
It took less than a day to walk through hour abc
The situation doesn't reverse that quickly, there's no need to rush the bottom-fishing pattern, only by probing the bottom with double needles can we temporarily stabilize the market. The dividing line between long and short positions is around 3800. It is not ruled out that a central area will be constructed around the upper edge of the 3800-3850 range, while the lower edge will likely have a few lines around 3550. If it breaks below, the adjustment may extend to 3030, and 2780-3030 is my bottom-fishing position.

#ETH Resistance above the large plate at 3940, 4020, adjustment resonance level below at 3500-3550, a pullback adjustment sees a wide fluctuation between 3500-3940, breaking the high looks to January-February.
Repair to enter short positions at 3880-3940, looking down successively at 3800-3700-3650-3550, the upper space structure is insufficient, no breakout above without a breakdown below.