🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
Today I will provide a comprehensive analysis of Ethereum. I didn't want to do an analysis, but since someone keeps asking, I will satisfy you.
Recently, many people have been watching the 3500 Ethereum, which is nothing more than a head and shoulders bottom structure. However, from the structure perspective, that is too subjective a judgment, as the indicators do not have the conditions for a breakout.
From the daily chart perspective, there are many ways the structure can develop, much like the growth process of a tree. The low point on June 22, 2025, is particularly important. At the same time, the small ABC segments during the adjustment process are crucial. Once this low point is broken, the head and shoulders bottom structure will become invalid.
During the large decline 📉, there is still a drop larger than c's drop 📉. However, there is too much uncertainty regarding the low point of this decline at present. For the daily chart, pay more attention to the position of 2410. Once it breaks down, it can be confirmed that a small ABC pattern has formed, and vice versa.
2410 can be confirmed as the bullish and bearish position on the daily line, and there is also a downward channel trend. This structure needs to defend against whether the pressure trend will break through; a breakthrough can be seen as a flag pattern. The major trend breaking through 2800-2880 is the most important, as the high point of the major trend must be broken. Otherwise, all the upward movements 📈 are invalid!