##以太坊生态回暖 Something big has happened! ETH's market price broke through $2,780 today, with a frenzied surge in sentiment, and everyone is watching for bullish signals!
Technical Analysis
From the candlestick chart, the MACD green bars are starting to weaken, and red bars are increasing in volume. The short-term upward momentum is slowing down, but the overall trend remains bullish, especially with the upper Bollinger Band closely aligned, indicating a potential pullback for long positions at any moment. The 7-day moving average is gradually building momentum, while the 30-day moving average is pressing down below, providing solid support.
In terms of volume, ETH's trading surged yesterday, with a 24-hour trading volume skyrocketing by 114%, nearing $35 billion, as capital flooded in, and the main players are setting the pace.
Looking at the daily chart, it has just broken through a flag pattern, typical of a 'bull flag' structure, with a short-term target looking towards $3,000, and then aiming for the $3,400 range news.qq.com.
News Environment
Spot ETF funds are pouring in: BlackRock's ETHA has been attracting capital for 11 consecutive days, with a total inflow of over $280 million since June, showing clear signs of institutional buying.
On-chain activity hits new highs: The number of active addresses on-chain has surpassed 17.4 million, and L2 interaction volume has surged by 18%, with a clear trend of DeFi usage recovery.
Short-seller liquidation pressure is approaching: Short-term data shows that if ETH breaks through $3,000, over $2.16 billion in short positions will be liquidated, triggering a short squeeze market.
On-chain strategies are being laid out: Well-known analyst Miles Deutscher pointed out that the Ethereum on-chain strategy system is entering a critical window period, and this wave of increase may be the initial phase of a big trend.
Today's Operational Suggestions (for reference only, not investment advice)
Short-term: If there is a pullback to $2,720–$2,740, consider attempting small position accumulation.
Medium-term: Wait for confirmation after breaking through $2,800, then ride the upward trend, with the first target set at $3,000, and the second wave looking towards $3,300–$3,400.
Risk Points: Be cautious of a volume-less breakdown below $2,720, which may delay the market, but the probability of a deep decline is low under strong capital conditions.
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