#价格趋势分析 Short-term trend (daily level):

If ETH falls back from a high level recently, a short-term descending triangle or double top pattern may be formed. For example, if a long upper shadow candlestick appears on February 17, it indicates that the selling pressure from above is strong, and it may be that the sellers are taking profits at a certain resistance level (such as $4,000).

The current support level may be at the 50-day moving average (assuming it is about $3,200) or a key psychological level (such as $3,000). If it falls below the support, it may further fall to $2,800-2,900.

Medium-term trend (weekly level):

Since the low of 2022 (about $1,000), ETH may be in an upward channel. The horizontal support in 2024 (such as $2,500) may have been tested many times and verified as strong support.

If the current price is close to the upper track of the channel (assuming $4,000-4,500), it may face adjustment pressure; if it is at the middle track (about $3,500), there is still room for growth.

Long-term trend:

Based on historical cycles, ETH often breaks through previous highs (US$4,878 in 2021) in bull markets. If 2025 is the year of the bull market continuation, the target may be US$6,000-10,000.