#美国贸易赤字状况 ETH is acting up again, gotta keep a close eye on this little guy!

Just reviewed the 1-hour chart, the technical signals look interesting: from the high of 3308, it’s been dropping down, now stuck around 3084, pulling back and forth. The bearish moving average alignment is fierce, MACD is still below the zero line, but the green bars are shrinking—this indicates that the rebound strength is brewing, and a short-term rally might be coming.

The lower Bollinger Band at 3085 is a strong support; if it can’t hold, then 3050 or even lower levels will be the next targets. If a rebound can push above, then 3120-3135 (where MA30 and the middle Bollinger Band intersect) will be the first resistance.

On-chain data hasn’t updated to the latest yet, but based on past experience, such levels are usually accompanied by big players quietly moving their chips. Once volume breaks downward, a stampede effect can easily occur. Interestingly, the news sentiment is quite quiet right now—don’t let your guard down, major market moves often happen suddenly when no one’s paying attention.

I previously called “a quick rise to lure in more” around 3300—did I hit the mark again this time? The market is always resistant to change, but you must respect the trend—short-term, you can try to catch quick rebounds, but the medium-term bearish pattern hasn’t changed yet. Wait until on-chain data details are complete before planning the next move.

$ETH