Ethereum's pushing back up toward that familiar resistance zone on the 4-hour timeframe. Price has been grinding higher from support, establishing a pattern of higher lows—textbook bullish structure. But here's the thing: we're now hitting the exact price level where previous rallies got smacked down. Supply came in hard before at this level. So we're at an inflection point. Either we break through this time, or we're looking at sellers stepping back in to cap another move. Watch how price reacts when it touches this zone.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
OldLeekNewSickle
· 13h ago
It's the familiar routine again, with the chip suppression position repeatedly getting slapped in the face. Will it break this time? It's better to look at the data than to rely on the order book for the truth.
View OriginalReply0
DAOTruant
· 13h ago
Back to that old spot again. Will it break this time? It looks a bit uncertain.
View OriginalReply0
TestnetScholar
· 13h ago
It's the same old resistance level again, every time we have to go through this tug-of-war here. So annoying.
View OriginalReply0
MetaMisfit
· 13h ago
Back to that old spot again. Can we break through this time? Feeling uncertain.
View OriginalReply0
EntryPositionAnalyst
· 13h ago
It's that dead pressure level again. Can we break through this time? To be honest, I'm on the edge...
Ethereum's pushing back up toward that familiar resistance zone on the 4-hour timeframe. Price has been grinding higher from support, establishing a pattern of higher lows—textbook bullish structure. But here's the thing: we're now hitting the exact price level where previous rallies got smacked down. Supply came in hard before at this level. So we're at an inflection point. Either we break through this time, or we're looking at sellers stepping back in to cap another move. Watch how price reacts when it touches this zone.