Reposting through $ETH Xingxian to identify short-term key levels and future bear market bottom order points

Let's look at Chart 1 first
736 is the theoretical limit, but I believe traders are unlikely to push the price to such an extreme. The real levels to watch in batches start above 1100. Currently, 1728 is in a monthly peak volume gap area, which theoretically needs to be filled. Further down are support levels at 1475, 1328, 1196, and 1125, all of which can be used for batch buy orders.
Now, look at Chart 2, Xingxian
The decline has already reached the 7.5 line, with the 8 line at 1567, and the 9 line at 1115.
But the significance of the 9 line has actually been weakened because there is a more critical historical bottom line — 1128, which was the position where the last bear market whales heavily accumulated.
In other words, the 1115–1130 range is a strong structural zone, not something that can be casually broken through.
In the short term, focus on the 1891 and 1826 levels for rebounds
These two levels determine whether the rebound is a weak bounce or a stronger reversal.
Many people say ETH has changed whales
Back in the day, BTC’s 73059 was suppressed for years, but it eventually broke through
However, ETH’s 9 line has been under pressure for so long and still hasn’t broken through.
What does this indicate?
It might not be a change in whales, but a shift in capital structure.
BTC is the core asset of global liquidity, with a stronger narrative and more institutional allocation logic;
ETH has been continuously diverted by new public chains, L2 solutions, and narratives over the past few years, leading to less concentrated capital attention, and technical suppression naturally becomes more stubborn.
Technology isn’t everything, but the traces of chips are real.
It’s okay if you can’t tell whether whales have changed.
As long as you can understand the game traces at key price levels, that’s enough.
The market won’t follow theory,
but it will definitely revolve around cost. #我在Gate广场过新年