#密码资产动态追踪 $ETH's hourly chart shows an interesting technical setup. The Bollinger Bands are extremely contracted, and the price is consolidating around 3085. This compression typically indicates an imminent directional breakout.

From an indicator perspective, the MACD's DIF and DEA are approaching a golden cross, and the green energy bars are continuously shrinking, suggesting that the bearish momentum is weakening. But what truly attracts attention is on-chain data — the number of active addresses holding ETH has been steadily increasing recently, indicating that large funds are accumulating in batches. Market sentiment is also shifting; previous panic selling has mostly been cleared out, leaving mostly long-term holders.

The fundamental support is also clear. Recently, new projects in the Ethereum ecosystem have been launching frequently, and Layer 2 ecosystem activity has significantly increased, all contributing to the mainnet's momentum. The confluence of three factors — technical buildup, on-chain accumulation signals, and ongoing ecosystem development — creates an interesting market environment.

In the short term, 3120 is a key resistance level. Once broken and stabilized above it, the upside potential becomes more open, and targets above 3200 can be watched. Currently, pullbacks around 3085 often present good value entry points. For risk management, set proper stop-losses, then gradually build positions, and wait for market confirmation.

The logic of the crypto market is like this — opportunities always exist, but they require rational recognition and execution.