2026-01-05 01:21:36

Ethereum's weekly chart shows a quite interesting structural game. The big bullish candle launched from the 2100 level shot straight up to the high of 4950. But on the other hand, the lowest point reached 1300. These two extreme points are quite significant—around 2000 and 1000 are both typical trap levels for false breakouts.

The previous low was at 2600, just 500 points away from 2100. What does this mean? When the price returns to this key level of 2100, it effectively stands at the watershed of the bulls and bears.

Currently, there are two camps in the market. One believes a deep bear market is coming, with a direct break through the 2000 support line. The other expects a strong rebound. My personal judgment is that the downward force from the high levels will be quite fierce, possibly breaking below 2000 directly. But those are just future considerations.

My current position is neutral, waiting for clearer signals. The trends of Bitcoin and Ethereum remain worth continuous attention.

ETH-3,67%

BTC-2,4%

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GasFeePhobia

· 01-06 03:41

Waiting for signals to close positions, I agree with this operation, don't make random moves. I've heard quite a few versions of the false breakout trap, honestly no one can predict it. If the 2000 line really breaks, it will depend on how the market reacts afterward.

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Web3ExplorerLin

· 01-06 03:02

hypothesis: those 2000 and 1000 level look suspiciously clean... classic oracle network testing grounds where whales bridge liquidity flows ngl

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GateUser-4745f9ce

· 01-05 01:51

Stay out of the market and wait to see if it breaks 2000. This wave definitely lured many to short, so we need to see if we can hold that line of defense.

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liquidation_watcher

· 01-05 01:42

It's that 2100 magic number again; we still need to wait for a signal.

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ILCollector

· 01-05 01:38

Bear trap tricks always get you hooked, truly impressive Holding a cash position and watching the show is the way to go; wait until the signals are clear before acting At the 2100 level, I feel it's necessary to confirm multiple times Breaking 2000? Then they'll pull the market back again; the market is just so disgusting Right now, no one can predict anything, so I'll just lie back and watch the game

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HashRateHermit

· 01-05 01:31

The trap of trapping short sellers is well explained, but I still think 2000 won't be broken. Waiting for signals to clear the short positions is steady this time; don't let emotions drive you. 4950 to 1300... this wave of both fake bullish and fake bearish signals is intense. Wait, will it really break below 2000? I'm a bit skeptical. This structure... feels like the bottom could be even more fierce.

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