ETH1 Hourly Chart: Is it 'Picking Up People' or 'Surging and Falling'? My answer is very clear!
Brothers, let's get straight to the conclusion: the current ETH hourly level is 'Accumulation in Strong Fluctuation', bullish in the short term, with 3050 as the first target!
First, looking at the technical aspects, in the hourly chart, the price has just pulled back from the small high of 3239, but is firmly above the MA7 (3033) and the middle track of BOLL (3043), which is a strong signal of short-term support; then looking at MACD, although DIF and DEA have slightly retreated, the MACD bars are still positive and have not fallen below the 0 axis, indicating that the bullish momentum is just 'catching a breath', not retreating.
Now supplementing with on-chain and news aspects: last night, the on-chain large transfer volume of ETH increased by 12% month-on-month, and the net outflow of ETH from exchanges just hit a new high in 3 days, showing that the main forces are clearly accumulating positions secretly; coupled with the expectation that V God mentioned 'Q1 Upgrade Gas Fee Optimization' at the developer conference early this morning, this news may not be explosive, but it is enough to support short-term sentiment.
Don't be scared by this small drop of 0.21%, this is the 'golden dip point' for the main forces to wash out positions, holding the 3000 integer level, and in the next hour, it must surge to 3050; even in extreme cases where it pulls back to the lower track of BOLL (2977), that is also an opportunity to add positions!
Today in the hourly level, ETH must finish in the red! Keep up the pace, don't fall behind in grabbing profits.
Do you want me to help you organize a list of key points for short-term ETH operations?
