[Ethereum 1-Hour Trend Shows Key Signals, How Much Room for Growth is There in This Wave?]
After looking at the recent candlestick chart, I feel a bit like sharing an observation with everyone.
From the market perspective, the 1-hour level just surged from 2943 to 3060, and this long bullish candle has directly broken through the upper Bollinger Band. On the surface, this looks quite fierce, but we need to understand what is happening behind the scenes. I checked the on-chain data: in the past 3 hours, the net outflow of ETH from exchanges has surged to 12,000 coins. What does this mean? Large addresses (holding over 1000 ETH) are frantically accumulating below 2950, which doesn’t seem like retail FOMO; instead, it looks like powerful funds are pouring in.
Looking at the fundamentals again—the latest testnet data for Ethereum Layer 2 scaling has exploded, with Gas fees being pushed below 0.01 ETH, which is significant. This morning, Grayscale Trust has already increased its ETH position by 20 million USD. Such institutional-level moves are often not emotional reactions but are supported by logic.
The MACD part is quite interesting: the DIF and DEA haven't completely turned around yet, but the volume bar has gone directly from green to explosive red, which indicates that funds are starting to rush out. The RSI has indeed touched the overbought zone, but don't rush to exit—only 62% of addresses recorded on-chain are showing unrealized profits, which is still far from the 80% typical at the top of a bull market, indicating that there is still plenty of room in the market.
At the current price of 3036, it is possible to consider participating in a long position in batches. The defensive level should be set at 2980 (the support level for today), with the first target looking at 3100 (the previous resistance point). If it breaks through that, then directly look at 3150.
In the cryptocurrency market, the secret to making big money has never been to wait for the "perfect retracement," but rather to seize the moment when the main force truly takes action.
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NewDAOdreamer
· 12h ago
Are large investors madly accumulating below 2950? Why do I feel like this is another trap...
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RiddleMaster
· 12h ago
The scent of market maker accumulation, can't help but follow in.
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Grayscale has increased the position again, these institutions really know their stuff.
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62% unrealized profit, there's still room, this logic is sound.
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If it breaks 3100, then look for 3150, I'm betting on it.
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Don't wait for the perfect pullback, you will regret it when the market maker drops it.
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Layer 2 Testnet data is so strong, gas fees have plummeted, indeed something is going on.
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This long bullish candle on the 1-hour chart looks good, but keep a close watch on the defense at 2980.
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Large investors are crazily accumulating below 2950, this isn't a situation for retail investors to play in.
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No need to rush on the RSI being overbought, the market has just started heating up.
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Making big money has always been about moving with the market makers, those who wait for pullbacks are always late to the party.
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TokenomicsShaman
· 12h ago
Grayscale is quietly increasing the position again, isn't that straightforward enough? Large Investors are accumulating, institutions are rushing out, what are you still waiting for in terms of a perfect pullback?
View OriginalReply0
GasFeeTherapist
· 12h ago
Grayscale is increasing the position again, I'm familiar with this rhythm, following the institutions to make money doesn't lose.
#以太坊行情解读 $ETH
[Ethereum 1-Hour Trend Shows Key Signals, How Much Room for Growth is There in This Wave?]
After looking at the recent candlestick chart, I feel a bit like sharing an observation with everyone.
From the market perspective, the 1-hour level just surged from 2943 to 3060, and this long bullish candle has directly broken through the upper Bollinger Band. On the surface, this looks quite fierce, but we need to understand what is happening behind the scenes. I checked the on-chain data: in the past 3 hours, the net outflow of ETH from exchanges has surged to 12,000 coins. What does this mean? Large addresses (holding over 1000 ETH) are frantically accumulating below 2950, which doesn’t seem like retail FOMO; instead, it looks like powerful funds are pouring in.
Looking at the fundamentals again—the latest testnet data for Ethereum Layer 2 scaling has exploded, with Gas fees being pushed below 0.01 ETH, which is significant. This morning, Grayscale Trust has already increased its ETH position by 20 million USD. Such institutional-level moves are often not emotional reactions but are supported by logic.
The MACD part is quite interesting: the DIF and DEA haven't completely turned around yet, but the volume bar has gone directly from green to explosive red, which indicates that funds are starting to rush out. The RSI has indeed touched the overbought zone, but don't rush to exit—only 62% of addresses recorded on-chain are showing unrealized profits, which is still far from the 80% typical at the top of a bull market, indicating that there is still plenty of room in the market.
At the current price of 3036, it is possible to consider participating in a long position in batches. The defensive level should be set at 2980 (the support level for today), with the first target looking at 3100 (the previous resistance point). If it breaks through that, then directly look at 3150.
In the cryptocurrency market, the secret to making big money has never been to wait for the "perfect retracement," but rather to seize the moment when the main force truly takes action.