#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.
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TokenomicsTherapist
· 9h ago
Position 2950 is indeed quite tricky, feels like waiting for that moment to explode.
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GasFeeCry
· 9h ago
Damn, 2950 has been dragging on forever, I feel like it's about to move.
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DarkPoolWatcher
· 9h 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
NFTBlackHole
· 9h 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
MoonBoi42
· 9h 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.
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CodeZeroBasis
· 10h 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.
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TopBuyerForever
· 10h ago
Is it Bollinger Bands squeezing again? I've heard this trick countless times, and in the end, it still gets smashed down.
#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.