Ethereum on-chain activity doubles, is a technical breakthrough imminent?

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【BitPush】Ethereum’s performance over the past two weeks has been quite interesting. The number of on-chain daily active addresses has doubled and is now stable at over 800,000, indicating that network activity is indeed picking up.

From a capital perspective, the most concentrated buying area for Ethereum ETFs is between $3,119 and $2,772, and these two price levels have become psychological support levels in the market.

Looking at the K-line trend, Ethereum’s daily chart is very textbook—oscillating within a triangle pattern. The key logic is this: as long as the price stays above $3,085, there is a chance to break through the resistance level at $3,400. If it really breaks through, $3,660 is not a dream, and there is even the possibility of continuing to push towards $4,000. Now, it’s just waiting for that moment.

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WalletDoomsDayvip
· 01-22 02:12
Over 800,000 active addresses doubled, this data really shows something, feels like a big move is coming. Holding at 3085, looking at 3400; if it breaks, heading straight to 3660. By then, 4000 won't be a problem. It all depends on whether real money is entering this wave. The worst case is another false breakout in this triangle; there are too many tricks.
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MEVHunterWangvip
· 01-21 07:31
Active addresses doubling? Can this wave break through 3400? It still seems to depend on how ETF big players act.
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GasFeeCryBabyvip
· 01-20 08:40
Over 800,000 active addresses doubled, this data is pretty solid, feels like something is really brewing Is there a chance if we hold at 3085? Then let's wait and see if 3400 can be taken out $4000? Come on, let's first see if we can hold at 3660 How long has this triangle been oscillating? Feels like it's been dragging on ETF buy orders are stacking up around 3119, institutions are really optimistic Breakdown or false breakout, we'll see the real move tomorrow
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CryptoSurvivorvip
· 01-20 04:02
The active address doubling signal should be taken seriously, but don't talk about dreaming if it doesn't break 3400. --- Wait, can it really reach 4000? Why do I feel like I say this every time, and then... --- If 3085 can't hold, the entire logic collapses. Now it's all about this line. --- ETF buy orders are stacked between 2772-3119? It shows that institutions haven't made up their minds yet and are still accumulating at the bottom. --- textbook-style triangle consolidation... just hearing it makes me tired. When will it truly break through? --- The on-chain heat returning is a good sign, but if the price doesn't move, it's all just虚的. --- If this wave breaks 3400, I will believe it. Right now, it's all just paper talk.
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RunWithRugsvip
· 01-19 07:12
Wait, the active addresses doubling? Now that's a real signal, not just looking at the price alone. Can 3085 hold to push towards 3400? I think, I'm just worried about another false breakout, a quick sell-off and it's over. But 4000 dollars... thinking about it does sound interesting, but I'll wait for that confirmation line before making a move.
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SchrodingerGasvip
· 01-19 07:11
On-chain activity doubling depends on the type of interaction; don't be fooled by the number of daily active addresses... If 3085 can't hold, then the entire technical analysis needs to be rewritten. It's still too early to say we've broken through 4000. ETF buy orders are concentrated at those two price levels, indicating whether institutions are building positions or just harvesting profits, which is worth a closer look. Let's wait until we break through 3400; those making big promises now have all lost money. This kind of textbook triangle pattern usually ends with a breakdown; probability theory is right there.
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SmartContractRebelvip
· 01-19 07:03
Doubling active addresses is something to watch out for, but what really determines the trend is whether it can break 3400... In my opinion, now is the moment to take a gamble; if it breaks, watch for 4000, if not, it will continue to fluctuate and get cut.
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FantasyGuardianvip
· 01-19 07:03
Doubling activity level seems okay to me, but I'm worried it might be just a flash in the pan... Now we're just waiting to see if the 3085 level can hold.
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BlindBoxVictimvip
· 01-19 06:59
Over 800,000 active addresses doubling? That data is a bit shocking, we need to see if it's genuine demand or just another wave of hype. --- Holding onto 3085 to break 4000? Sounds pretty good, but I bet 5 bucks it will just hover and torment me. --- The institutions that are bottom-fishing with ETFs are really patient. As a retail investor, I’ve long since reached my limit. --- Every time they say the technicals are perfect for a breakout, my wallet feels very relatable. --- I believe in the rebound in activity, but can the price also get some momentum? --- That 3400 threshold has made my eyes go blurry. I don’t know how many times I’ve been trapped there. --- It’s always "as long as we hold," but why can’t we hold every time? --- I’m tired of hearing the term "psychological support level." Can next time be a psychological breakthrough instead? --- If it were really as textbook as they say, it would have broken long ago. Now I even get PTSD just looking at the charts.
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TradFiRefugeevip
· 01-19 06:56
Hmm... Doubling active addresses is indeed a good signal, but could this wave just be a rebound that we run away from? If we can't hold the 3085 line, it will just crash again.
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