Just finished analyzing the ETH1 hourly K-line + on-chain data, here are the key points: this wave of fluctuation is not a 'grinding market', it's an opportunity for retail investors left by whales to get on board!
First, let's look at the market signals: currently, ETH is reported at 3105.80, the 1-hour BOLL band has narrowed to 29.89 points (UB3156.11/LB3086.22) — narrowing indicates that a trend change is imminent, and MA7 (3112.07) is merging with MA30 (3120.78), KDJ has slightly turned but has not broken the 30 oversold line, indicating that the current pullback is a 'false drop consolidation', not a signal of a market crash.
Looking at the on-chain evidence: Glassnode data shows that in the past 24 hours, there has been a net outflow of 12,300 ETH from exchanges, and in the past 3 days, the number of whale addresses holding ≥1000 ETH has increased by over 8200 — chips are steadily moving from retail accounts to long-term holding addresses, and the selling pressure has 'fallen silent'.
The news gives enough confidence: last night, the Federal Reserve's December meeting released a dovish signal of 'starting interest rate cuts in March next year', the US dollar index fell back to the 98 level, and the risk appetite in the crypto market is directly maximized; plus, the Ethereum Foundation announced yesterday that 'the pace of staking unlock after the Shanghai upgrade is stable, and the current overall staking rate has risen to 28.3%', the stability of long-term chips has directly cemented the support below.
The operation rhythm is set for you: when it dips back to the 3090-3100 range, buy directly at a low, with the stop loss placed below the BOLL lower band at 3070 (abandon if broken), the first target is 3150 (BOLL upper band pressure), after breaking through, look directly at the previous high of 3179—this wave is a threefold resonance opportunity of 'macro + on-chain + technical aspects', missing out is more regrettable than being stuck.
Want to catch the ETH trend signal and have precise low buy and high sell points in the first instance? Click to follow + lock in, tomorrow morning at 8 o'clock I will update the on-chain capital flow disassembly for ETH at the 4-hour level, and by the way, I'll reveal the 'cost range for whale accumulation'—keep up with my rhythm, the profits in the crypto market have always been reserved for those who are prepared!
