In the market update on October 10th, technical analyst Nik Patel (@OstiumLabs) believes that Ethereum is approaching a critical area where its future direction will be determined. The next few trading days will decide whether Ethereum's uptrend will continue or if it will further decline. With the current spot price of ETH around $4,000, Patel's argument is anchored on the close correlation between the recovery and failure levels of ETH/USD and ETH/BTC. He emphasizes that the behavior on lower timeframes must align with the structure on higher timeframes in order to maintain a bullish trajectory.
以太坊当前的关键价格水平在每周 ETH/USD 图表上，Patel说市场“上周在8月开盘时大幅走低，但仍高于前一周的低点和趋势线支撑位”，导致本周收盘价“略低于主要支点”。支点位置非常明确：“我们希望看到4,093美元的支点立即回升，而不是在较低时间范围内变成阻力位，否则我们可能会再次跌至2025年开盘价附近的低点。”
如果买家确实推动价格回升，Patel 预计上周的走势将成为季度低点：“如果我们确实在这里回升至 4,093 美元（这正是我所预期的），那么我们现在应该已经达到了季度低点，我希望看到 4,400 美元转化为支撑位，推动价格进一步上涨至历史高点甚至更高。”
