2026-01-02 15:22:04

Last night around 22:27, ETH experienced a significant anomaly. Under the pressure of the short-term moving averages and the previous high of $3,058.38, the price suddenly formed a solid long bullish candle, directly breaking through multiple resistance levels — a classic "breakout confirmation" pattern, signaling the start of a new upward trend.

From a technical perspective, ETH started at $3,017.64 and surged directly to $3,058.38, successfully surpassing the previous key high. Where does the next move depend on?

The short-term resistance level to watch is the 24-hour high of $3,112.15. If this level can be effectively held, there is more room for upward movement. Conversely, if the price pulls back to stabilize around $3,058.38, it presents a good opportunity to add positions — this is the so-called "pullback confirmation," a common setup point used by experienced traders.

ETH-1,11%

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GateUser-4745f9ce

· 01-05 01:46

Last night's long bullish candle was indeed fierce, but can the 3112 level really hold? It feels risky. It looks a bit like a trap to lure more buyers in; I need to wait for a pullback confirmation before taking action. If this breakout turns out to be a false breakout, it would be embarrassing. Better to wait and see. Adding positions around 3058 sounds good, just worried it might fall faster than expected. It's both a breakout and a pullback; these patterns all seem to rely on later verification...

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SeasonedInvestor

· 01-04 10:40

Last night's long bullish candlestick definitely has some substance. If it breaks through, let's see if it can hold above 3112. I've been waiting for this retracement to add to my position, just worried it might drop straight down. Whether this can truly start a new trend or if it's just another false breakout depends on the next few days' performance. If it stabilizes around 3058, I'm really going to go all in. I've seen many long bullish breakouts fail; the key is whether the trading volume is strong enough. I'm about to start monitoring the market again—when will this daily grind finally end? I bet it can push up to 3150; just a quick profit and I'll exit. I'm already tired of the retest after the breakdown; it all depends on how it moves afterward. Feels different this time; last night's volume looked pretty fierce.

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MysteryBoxBuster

· 01-02 16:35

Damn, that bullish candle last night was really awesome, directly breaking through the resistance level. Wait, can it really hold steady at 3112? Feels a bit uncertain. A pullback to 3058 is more my style, a good spot for low-cost buying. Whether this wave can continue depends on the volume behind it. If it breaks the level, so be it. Anyway, I've already positioned myself for it.

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LadderToolGuy

· 01-02 15:51

22:27 I saw that long bullish candle, finally broke through. If we can't hold the key level at 3112, we should consider reducing positions.

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MidnightMEVeater

· 01-02 15:50

22:27 That bullish candle is the breakfast bell of Robot Paradise, waiting to trap unsuspecting liquidity victims.

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GateUser-2fce706c

· 01-02 15:50

I'm just saying, this breakout is a signal. I've told people around me a long time ago that breaking through the 3058 level is meaningless if it doesn't break, but now that it has, it's the trend. Opportunity knocks but once. Many people are still hesitating whether to follow or not. I can only say that while others are fearful, I've already positioned myself early. When the 3058 level is retested, I add to my position; when at the high ground, I hold firm. This is the secret to wealth.

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NonFungibleDegen

· 01-02 15:37

ngl that candle was pretty spicy... 3058 holding and now we're eyeing 3112? this is either the start of something or i'm about to get liquidated lmao

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GrayscaleArbitrageur

· 01-02 15:35

Last night's long bullish candle really held up. Whether 3112 breaks or not is a big deal. A quick dip to 3058 and I'll jump in. This move is definitely a good setup. ETH's momentum, feels like it's about to take off? Wait, whether the breakout can hold steady is the key. If 3112 can't be secured, it seems like we might have to go back and chase again.

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