#以太坊行情解读 Ethereum 1-hour timeframe is currently at a critical point of trend reversal. Let me analyze the current situation.

First, let's look at some technical signals. The price is oscillating within a very narrow range of 2970 to 2998. The middle band of the Bollinger Bands at 2970 has become the dividing line between bulls and bears, with the candlesticks tightly hugging the middle band. This compression indicates that the 1-hour chart is about to break equilibrium and choose a direction. Looking at the MACD, although the DIF has crossed below DEA to form a death cross, the histogram bars are shrinking (-4.62), which essentially means the downward momentum is weakening, and the bearish momentum is losing strength.

Key support and resistance levels to keep in mind: holding above 2982 (current closing price) could give a chance to challenge the resistance at 3018; conversely, if it falls below 2960, then the next test is the lower Bollinger Band at 2943.

On-chain data is also interesting. According to on-chain tracking tools, 12,000 ETH have been withdrawn from exchanges in the past 24 hours, indicating that large investors are quietly accumulating. Large wallets also show activity—addresses holding over 10,000 ETH increased by 3, suggesting stronger accumulation by major players. The funding rate for perpetual contracts has turned slightly negative (-0.005%), which indicates what? It suggests that short positions are crowded, increasing the likelihood of a rebound.

There are also some positive news catalysts. Tonight at 20:30 US Core PCE data will be released. If inflation data comes in below expectations, risk assets are likely to rebound. Additionally, Ethereum's Pectra upgrade is counting down, with increased activity in the developer community. The Layer 2 ecosystem's TVL has increased by 8% this week, providing fundamental support.

Here's my current trading approach. For longs: consider gradually building long positions in the 2980 to 2970 range, with a stop-loss at 2940. The first target is 3018; if broken through, then look for 3040. For shorts: if volume drops below 2940, consider shorting to 2900, but in this case, profits should be taken quickly—don't be greedy.

Overall, the main players are accumulating, technical divergence signals are emerging at the bottom, and the macro environment is favorable. These three factors combined suggest that the 1-hour chart is about to form a moderate bullish candle. The current position is at a critical point—stay alert, don't rush to act, wait for confirmation of the trend before following through.

$ETH