Family, ETH has started this wave of rebound since November 21, and the momentum is like riding a rocket, incredibly strong! At that time, I reminded everyone after the drop, and now the highest increase has exceeded 31%, which is quite a considerable profit.
So what will ETH do next, and is there still an opportunity to jump in for a profit? I'll explain it all to you at once.
This wave of ETH's market that started on November 21 is actually a rebound from the previous significant weekly level drop from 4956.78 to 2623.57. A weekly level drop will not have a rebound that is too weak, regardless of the intensity or duration of the rebound, it won't be too short.
Personally, I think this round of rebound for ETH starting from 2623.57 might go as far as mid-January 2026. In terms of target price, first look at the first target range of 3570 to 3620, this position has a high probability of breaking through; as for the second target around 3800, that will require ETH to maintain strong momentum.
If we consider the segment from 2623.57 to 3447.44 as the first wave of daily level rebound, then the wave down from 3447.44 looks more like an adjustment after the previous rise, rather than the start of a new decline. Once the adjustment ends, ETH still has a chance to push up near 3570 again.
The week of December 15 is a key Gann time point, so everyone should keep a close eye on ETH's movement. The adjustment is likely to end next week. If the price falls back to the range of 2958.55 to 2938.29 and there is a clear stop-loss signal, that would be a good opportunity to jump in.
Of course, ETH could also remain steady above 3100 and move sideways, which would be more like a lateral consolidation. After a few days of sideways movement, it will choose a direction. If that happens, I will look for suitable entry points based on market conditions and update you in a timely manner, so remember to keep an eye on it. If you want to jump in, come to the chat room where I will announce the points.
