Recently, anyone paying attention to the Ethereum market has felt the tense atmosphere. In recent days, many discussions in the market point to the same question: Is Ethereum stuck? In fact, this long-term sideways movement is not without direction; instead, it is accumulating energy for a breakout.
From a technical perspective, the daily chart of Ethereum essentially reflects "trading time for space." The seemingly stagnant oscillation actually hides a confrontation of market forces. The support below is quite solid, and this is not a level that retail funds can sustain; clearly, institutional-grade spot buying is quietly accumulating. This "safety cushion" limits the downside potential, but breaking upward also requires enough fuel.
The key zone is between 3050 and 3120. This is the previous rebound high point and the critical threshold that will determine whether the subsequent market can open up upward space. In simple terms, there is solid support below, but pushing higher requires more consensus and incremental capital support.
Once this resistance level is effectively broken, the entire crypto market could experience a significant change. The current key is to wait for that "ignition" signal. This buildup could lead to considerable market volatility, and the subsequent breakout depends on the current level of energy accumulation.
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GateUser-a180694b
· 01-03 05:52
Institutions are frantically buying up, retail investors are still hesitating whether they've missed the chance, it's hilarious.
Wait, what if 3050-3120 can't be broken? Is it just another false alarm?
Honestly, I don't understand this move, but I went all in.
I'm tired of the usual rhetoric about building momentum; no one dares to take the plunge.
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GasFeeCrybaby
· 01-03 05:51
Wait, are institutions really quietly accumulating? So what should I do as a retail investor? Should I just continue to lie low?
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CryptoSurvivor
· 01-03 05:38
I've been holding it in for so long, just waiting for 3050. Whether it breaks or not depends on whether someone really invests real money into this wave.
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I can see clearly that institutions are accumulating chips at the bottom, while retail investors are still hesitating and struggling to decide whether to buy in or not. The gap is there.
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Consolidation is just building momentum. Don't always think about daily increases; wait for the signal.
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Once 3050-3120 is broken, it's really going to take off. If it can't break through, continue to lie low.
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Basically, it depends on who has more bullets; big players are waiting here for the gunshot.
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MEVHunterZhang
· 01-03 05:34
Institutions are accumulating, retail investors are anxious, this rhythm... let's wait for a breakout
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It's been so long, just waiting for that 3050. If it can't break through, it's all in vain
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Talking about building momentum, I think no one dares to move. Who will light the fire?
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Someone supports the bottom below, I believe, but where is the new capital? Why haven't I seen anyone entering the market?
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It's another case of trading time for space, always saying the same... can't you just give a clear direction?
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3050-3120 is indeed a watershed. Break through and it will take off; if not, keep sleeping
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The logic of institutions accumulating has been heard so many times, but in the end, it still gets smashed
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It feels like the whole market is waiting for a signal, but when will the signal come? Next week? Next month?
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It's just frustration; this feeling of building momentum is like this. Hang in there, everyone
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Instead of watching 3050, it's better to watch how BTC moves; Ethereum can only follow the trend
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MidnightTrader
· 01-03 05:31
Institutions are bottom-fishing, retail investors are buying at the top. This game is always like this.
If 3050 can't be broken, then just keep lying low. I've seen sideways trading for a year too.
The key is whether there will be incremental funds entering later; otherwise, this buildup will be wasted in vain.
The moment of breaking the level will definitely be fierce. Be prepared, everyone.
Institutions' bottom-buying is so steady, which means they are also uncertain. If I were them, I would keep waiting.
Recently, anyone paying attention to the Ethereum market has felt the tense atmosphere. In recent days, many discussions in the market point to the same question: Is Ethereum stuck? In fact, this long-term sideways movement is not without direction; instead, it is accumulating energy for a breakout.
From a technical perspective, the daily chart of Ethereum essentially reflects "trading time for space." The seemingly stagnant oscillation actually hides a confrontation of market forces. The support below is quite solid, and this is not a level that retail funds can sustain; clearly, institutional-grade spot buying is quietly accumulating. This "safety cushion" limits the downside potential, but breaking upward also requires enough fuel.
The key zone is between 3050 and 3120. This is the previous rebound high point and the critical threshold that will determine whether the subsequent market can open up upward space. In simple terms, there is solid support below, but pushing higher requires more consensus and incremental capital support.
Once this resistance level is effectively broken, the entire crypto market could experience a significant change. The current key is to wait for that "ignition" signal. This buildup could lead to considerable market volatility, and the subsequent breakout depends on the current level of energy accumulation.