ETH's price structure is becoming pretty straightforward now.
If we push past $3,241, that suggests wave-iv still has room to climb higher. But here's the thing—we'd need a solid break above $3,658 before we can seriously talk about entering a stronger bullish phase.
Until then, those resistance levels are what matter most.
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ValidatorViking
· 5h ago
nah, $3,658 is basically the fork point here... until we breach that level, everything else is just noise in the validator logs fr
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GateUser-a5fa8bd0
· 12-08 00:53
If 3658 can't be broken, it's all just talk.
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RooftopVIP
· 12-08 00:34
If 3658 can't be broken, it's all just talk.
View OriginalReply0
OnchainDetective
· 12-08 00:26
According to on-chain data tracking, there is indeed a clear correlation in the capital flows behind the $3,241 and $3,658 resistance levels, which are obviously range traps carefully set up by large holders.
ETH's price structure is becoming pretty straightforward now.
If we push past $3,241, that suggests wave-iv still has room to climb higher. But here's the thing—we'd need a solid break above $3,658 before we can seriously talk about entering a stronger bullish phase.
Until then, those resistance levels are what matter most.