#数字资产市场动态 Ethereum 1-Hour Chart Shows Big Moves, Is the Adjustment Ending and Accelerating?



Everyone, I just finished looking at $ETH 's 1-hour chart, and it's quite interesting.

ETH is currently hovering around 2950, stuck between the middle and upper bands of the Bollinger Bands—both bands are gradually narrowing, which is a typical sign of energy accumulation. On the MACD, the yellow and white lines are closely hugging above the zero line, showing signs of divergence upward again; although the green bars are not long, they are still there, indicating that the bulls' strength hasn't dissipated.

From a technical perspective, the short-term correction is nearing its end, and a bullish outlook is justified. The reasoning is simple: each dip is being supported by the middle band, with the 2938-2940 support zone being particularly resilient. This sideways phase is currently digesting previous profit-taking and building momentum for the next rally. Once trading volume increases and the price breaks above the upper band, the upward space will be fully open.

Trading strategy:
— If the price retraces to the 2940-2945 range and stabilizes, it's a good opportunity for low-position entry
— Aggressive traders can try a small long position near 2950
— Stop-loss must be set below 2925; if broken, exit and rest

Target in two steps: first break above the 2966 upper band, then aim for the 2980-3000 key level.

Finally, a reminder: set your stop-loss properly, control your position size, and remember that the market is always right.
ETH1.74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
TokenomicsTherapistvip
· 6h ago
Position 2950 is indeed quite tricky, feels like waiting for that moment to explode.
View OriginalReply0
GasFeeCryvip
· 6h ago
Damn, 2950 has been dragging on forever, I feel like it's about to move.
View OriginalReply0
DarkPoolWatchervip
· 6h ago
The Bollinger Bands are starting this routine again. Every time they say they're holding back a big move, but what happens? The 2940 support was broken once, and those who believe in this got cut off.
View OriginalReply0
NFTBlackHolevip
· 6h ago
Will the Bollinger Bands narrow and then explode? I remain skeptical. The 2940 support sounds good, but what if it really breaks?
View OriginalReply0
MoonBoi42vip
· 6h ago
You're holding back a big move again, huh? Always the same excuse. How long has it been stuck at 2950? It's getting annoying to watch.
View OriginalReply0
CodeZeroBasisvip
· 7h ago
The Bollinger Bands are squeezing again. I'm tired of this routine, but 2940 is indeed a bit tough. It would be great if it can break through convincingly.
View OriginalReply0
TopBuyerForevervip
· 7h ago
Is it Bollinger Bands squeezing again? I've heard this trick countless times, and in the end, it still gets smashed down.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)