$ETH [ETH/USDT] – BATTLE AT THE CENTRAL AXIS: RISE OR DEATH POINT?
The market is entering a highly sensitive contested area. All eyes are on the central axis 1.950 – the "hinge" that will determine the fate of ETH in the upcoming period.
1. GOLD SCENARIO: RE-TEST CENTRAL AXIS (TARGET 3.200)
In this scenario, persistence and Accumulation structure will speak up:
Steel support at 1.950: ETH needs a solid re-test at the central axis of the Trading Range (1.950). Maintaining this level confirms that the bulls have completely controlled the value area.
E phase explosion: After a momentum accumulation period at the central axis, a decisive push beyond the upper boundary of the Range will activate the E phase. At that point, the exhausted supply will help the price soar, heading straight towards the target area of 3.200.
2. RED SCENARIO: SIDEWAY WEAR & BREAK DOWN (TARGET 1.100)
This is the "torture" scenario that investors need to be particularly vigilant about:
Sideway exhaustion: Instead of bouncing strongly, the price just drags horizontally around the axis 1.950 with vanishing volume. This is a sign of "no demand" and an underground distribution process.
Collapse of Supportline: Prolonged wear will weaken the lower support line. A decisive break down piercing through the Supportline will trigger a wave of sell-off. Once the last stopping points are broken, liquidation pressure will push the price straight down to the historical bottom of 1.100.
Conclusion: Don’t look at the temporary green and red candles. Look at how the price behaves at the axis 1.950. That’s where the sharks are making their decision!
According to the elders #Eth se up hay down???