🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
How to Join
1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
Authenticity boosts visibility and your chance to win.
🎁 Rewards
3 lucky participants will recei
#比特币对比代币化黄金 $ETH Current Trend Observation:
Ethereum's recent performance has been relatively stable; it didn't follow Bitcoin to test its previous lows, which is commendable. However, the current situation is a bit tricky—although the triangle pattern hasn't broken yet, the resistance at 3183 remains tough to overcome, and there's now an M-top structure forming inside.
The key levels to watch are these: The neckline of the M-top is at 3118, which happens to be the lower edge of the triangle. If this level is lost, the M-top will be confirmed and the decline could accelerate. Conversely, if 3183 is broken through, the W-bottom structure will hold, leaving room for further upward movement. Right now, it's all about waiting for a directional breakout.
Trading suggestions based on breakout direction:
- If 3140 breaks upward with volume, consider going long (right-side trading); set your stop-loss accordingly.
- If 3118 breaks downward with volume, follow the trend and go short; watch for volume confirmation.
Specific targets: On the hourly chart, if 3183 is firmly broken, look for the 3220-3270 range; on the 4-hour chart, if 3116 is lost, pay attention to the 3064-3000 zone below.
Also, a reminder: don't let the 4-hour chart close as an evening star, or the correction may just be starting. Observe first before taking action.
$ETH