Staring at this 1-hour candlestick chart, I have to say something heartfelt: this current pullback is a blatant "accumulation opportunity."
Let's clarify the technical aspect first. The Bollinger Bands are narrowing and then opening upwards, which is very clear. After the price retested the midline at 3325, it directly rebounded—this detail is very important. Regarding moving averages, the 7-day and 30-day lines still maintain a bullish arrangement. Although the MACD is shrinking, the DIF stays firmly above the DEA, showing no signs of a death cross. The support level at 3330 was just tested and then lifted, indicating that the supporting hands are not weak. This chart pattern clearly indicates a "shakeout rather than a deep decline."
On-chain data is even more interesting. In the last half hour, the exchange's ETH balance decreased by 12,000 tokens—meaning a large amount of chips are flowing into private wallets. Meanwhile, the staking contract added 3,200 tokens to be locked. Big players are accumulating chips at this moment; do you think anyone would foolishly sell in the opposite direction?
Don't ignore the news aspect. Yesterday, Ethereum's core technical meeting confirmed the gas cost optimization plan after the Cancun upgrade, which will go live on the testnet next week. This kind of expectation is truly encouraging for bullish sentiment.
So, what is the current situation? Technical bullishness remains firm, on-chain chips are concentrated, and news supports are in place—all three positive factors stacking together. The 1-hour upward trend shows no signs of breaking.
In the short term, watch the previous high at 3390; if it breaks, the next target is directly 3450. The probability of this wave favors the bulls significantly. Of course, trading works this way—data will speak, and the trend will speak.
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ForkLibertarian
· 9h ago
Another opportunity to build positions is here, with big investors accumulating chips and on-chain data showing positive signals... These arguments sound too familiar, and every time it's told like this, the last result is getting trapped.
But to be fair, the 3330 support level is indeed quite resilient, the DIF remains above DEA without a death cross, and there's not much to say if the short-term 3390 level can't be broken.
The Cancun upgrade news is real, but we need to see how the testnet performs next week. Instead of watching the candlestick charts, it's better to wait for the data to materialize.
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CryptoPhoenix
· 17h ago
Surviving such a long bear market, this kind of shakeout is nothing. Honestly, it's just preparing for the next round.
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MetaLord420
· 20h ago
Operators are not afraid, but big players quietly accumulate. This wave indeed looks like a shakeout, but I still need to see through 3390 before placing my bet.
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GasWaster
· 12-10 11:00
Large investors are accumulating, and the exchange balance is dropping sharply. This signal is too obvious. The shakeout won't be fake; holding firm at 3330. If it doesn't break, then it's really strange.
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MetaverseMortgage
· 12-10 10:53
Whales are accumulating chips in cold wallets. I've also started to buy the dip, just waiting for this rebound.
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BlockchainArchaeologist
· 12-10 10:52
My goodness, this round of shakeout is indeed a bit fierce, but looking at the on-chain data, big holders have no intention of selling. The 12,000 tokens flowing directly into private wallets clearly indicate the situation.
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DegenMcsleepless
· 12-10 10:49
Large investors are quietly accumulating chips, while we retail investors are still hesitating. This is the gap.
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RektButStillHere
· 12-10 10:49
Large holders are accumulating, exchange tokens are exiting. This move indeed looks like building a position, but I want to wait and see if 3330 breaks before taking action.
#以太坊行情技术解读 $ETH
Staring at this 1-hour candlestick chart, I have to say something heartfelt: this current pullback is a blatant "accumulation opportunity."
Let's clarify the technical aspect first. The Bollinger Bands are narrowing and then opening upwards, which is very clear. After the price retested the midline at 3325, it directly rebounded—this detail is very important. Regarding moving averages, the 7-day and 30-day lines still maintain a bullish arrangement. Although the MACD is shrinking, the DIF stays firmly above the DEA, showing no signs of a death cross. The support level at 3330 was just tested and then lifted, indicating that the supporting hands are not weak. This chart pattern clearly indicates a "shakeout rather than a deep decline."
On-chain data is even more interesting. In the last half hour, the exchange's ETH balance decreased by 12,000 tokens—meaning a large amount of chips are flowing into private wallets. Meanwhile, the staking contract added 3,200 tokens to be locked. Big players are accumulating chips at this moment; do you think anyone would foolishly sell in the opposite direction?
Don't ignore the news aspect. Yesterday, Ethereum's core technical meeting confirmed the gas cost optimization plan after the Cancun upgrade, which will go live on the testnet next week. This kind of expectation is truly encouraging for bullish sentiment.
So, what is the current situation? Technical bullishness remains firm, on-chain chips are concentrated, and news supports are in place—all three positive factors stacking together. The 1-hour upward trend shows no signs of breaking.
In the short term, watch the previous high at 3390; if it breaks, the next target is directly 3450. The probability of this wave favors the bulls significantly. Of course, trading works this way—data will speak, and the trend will speak.