Something big has happened! ETH has shown unusual activity in the short term, instantly attracting attention across the network!

The following 4-hour candlestick chart provides an in-depth analysis, including technical aspects and the latest news updates, helping you understand the true trend of ETH today.

Technical Analysis (4-hour level)

Consolidation Range

From the chart, ETH is currently oscillating between $2,480 and $2,560, without a clear trend yet.

Moving Average Structure

The daily and weekly 20/50/100/200 EMA are all intertwined, and the short to medium term remains biased towards a consolidation phase, but it has stabilized above the main moving averages, indicating that bottom support still exists.

Indicator Performance

The RSI and Bollinger Bands are consolidating in a neutral range, and the candlestick chart's technical data shows a slight advantage for the bulls, but the structure has not turned strong, possibly in a bottom-building phase.

Key Levels

The resistance above is between $2,560 and $2,580; a breakout could push the price up to $2,700 or even $2,925. The support below is in the $2,480 and $2,450 range, with multiple rebounds originating from here.

News Highlights

Continuous Inflow of ETF Funds

Since June, Ethereum ETF funds have been flowing in consistently, especially with significant institutional buying, boosting market confidence.

Positive Feedback on Pectra Upgrade

After the Pectra upgrade, the network's stability and scalability have improved, leading to a warming investor sentiment and continuous positive attention on the technical side.

Slight Tightening in Macroeconomics

Global interest rate hike expectations persist, with an increase in USDT minting frequency, which may short-term affect the flow of funds and impact ETH's volatility.

Frequent Whale Activity

Reports indicate that large holders are building large positions in the $2,400 to $2,500 range. A price rebound could trigger a secondary surge.

Summary of My Views

Today's ETH trend is a typical consolidation phase after a bottom-building period, waiting for signal release.

The combination of funds (ETF + whales) and technical aspects (moving averages stabilizing) leans towards a bullish direction, but the price has not yet fully confirmed a breakout.

In practice, I suggest waiting for market confirmation before attacking, controlling positions to avoid pitfalls.

Want to get the complete 4-hour, daily, and weekly candlestick charts along with my operational thought breakdown?

Reply [ETH] in the comments, and I'll send it to you immediately!

Hurry up, this market trend is bound to be exciting! #GENIUS稳定币法案