2025-12-24 16:27:21

I've seen this rhythm many times. When patience runs out and it seems like it won't drop further, everyone starts to enter the market, followed by a big waterfall. The pattern is always the same, and it always works.

My judgment on ETH remains in the range of 1800 to 2100. Using wave theory, the current decline is part of the second wave of a three-wave correction, and the retracement won't be too shallow. According to conventional rules, it typically retraces about 80% of the previous upward move, pointing to the 2000 level.

From the perspective of the retracement wave structure, I observe a standard ABC three-three-five platform-style correction, with wave C showing an extended diffusion platform pattern. This pattern usually indicates that selling pressure is gradually being released.

Interestingly, using Fibonacci extension to calculate, the target also points to around 2000—this creates a double validation. The 2000 level coincides with ETH's annual average cost basis. The resonance of multiple factors makes the support at this price level significant.

ETH-0.34%

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LightningWallet

· 3h ago

It's the same harvesting pattern again, always so precise, I'm overwhelmed. The 2000 level really holds up, multiple resonances really weren't in vain.

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OnChainSleuth

· 3h ago

The 2000 level really has some significance, with multiple indicators pointing to it. Human nature is like that— the more you wait, the more anxious you get, and in the end, you get caught off guard. I believe in the wave theory, but bottom fishing really takes guts. Every time, they talk about support, but it always gets broken through—what do you do then? The ABC correction analysis makes sense, but the risk still feels pretty high. Multiple confirmations sound reassuring, but what if it breaks below 2000? However, I also see the 1800-2100 range this way—it's just that the time cost is too high. The pattern is indeed the same, but every time, new retail investors get caught. Fibonacci extension points to 2000—coincidence or is there a real pattern? I think we should wait for confirmation of support before acting—don't let the rhythm carry you away. This idea of the 2000-year line cost is the first time I've heard it; it's quite interesting.

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StablecoinGuardian

· 3h ago

Is this routine again? I'm already tired of it, it's always played this way. Wait, can 2000 really hold? Feels like this wave is about to break. Wave theory combined with Fibonacci, sounds pretty impressive... But honestly, multiple indicators point to 2000, which is definitely worth paying attention to. Not trusting these technicals, I prefer to stay on the sidelines and wait for a clearer signal. Double confirmation? I feel like the more technical indicators there are, the easier it is to be deceived. Those few times the 2000 support level was hit were pretty disastrous; can we bottom out this time? The tactics are the tactics, but your analysis logic isn't bad; it all depends on whether the market buys it.

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On-ChainDiver