#数字资产行情上升 Ethereum 1-hour breakout window is here! Technical + on-chain double signals reveal the main force's moves

How to interpret the technicals:

The critical moment of the bulls and bears tug-of-war
Price is testing back and forth below the Bollinger middle band (3170.5). The MACD red histogram is shrinking, and the dual lines are about to cross bullishly, indicating the bearish momentum is weakening. But for a true reversal, the price must hold above the middle band to count.

EMA7 (3156.6) is close to the current price, while MA30 (3199.9) is overhead. This position is very crucial—if the price can hold above 3160 within 1 hour, a short-term rebound is possible. The target zone to watch is 3180-3200.

On-chain data also speaks:
Whale addresses have been accumulating recently, and the ETH balance on exchanges has hit a yearly low, indicating selling pressure is clearly shrinking. The put-call ratio in the options market has suddenly declined, and the sentiment in derivatives has shifted from pessimistic to cautiously optimistic.

Policy + Ecosystem:
The final approval document for ETH spot ETF is nearing. The latest signals from the SEC are somewhat neutral, with political risks decreasing. Layer2 gas fees have dropped 30% in a short time, and ecosystem activity is heating up, which is a real positive for the fundamentals.

My judgment:
"The main force is aggressively accumulating between 3137-3157, and a 1-hour rebound could happen at any time."

Trading idea: Small long positions around the current price of 3154 to try, with a stop loss at 3135. The first target is 3180 (if broken, then look at the Bollinger upper band at 3223).

Risks to watch out for: If the price volume breaks below 3137 sharply, beware of a false rebound trap to wipe out the latecomers. Stop loss is more important than anything—never hold on blindly.

Logical puzzle:
Technical divergence + on-chain accumulation signals + policy warming—when these three arrows align, the hourly rebound probability for Ethereum can reach 70%. But the big bear market framework hasn't changed, so any operation must have a stop-loss safety net. Avoid gambling with unlimited losses. $ETH