ETH is currently in a 1-hour K-line oscillation, don't panic! From a technical perspective, after the decrease in the MACD green bars, the initial appearance of red bars and the emergence of a golden cross indicate that the bearish strength is weakening; the BOLL middle line support is effective, and the 2224 - 2300 range is fiercely contested. In the on-chain data, the decline is accompanied by reduced volume, and the rebound shows mild volume expansion, with selling pressure temporarily converging. There are currently no heavy impacts from news, and the market is waiting for a breakthrough opportunity!
If it breaks through 2300 with increased volume, it will pressure 2330; if it loses 2224, the probability of dipping to 2200 increases. But this oscillation period is precisely the layout window! Hurry up and follow me, share your positions in the comments section, and track long and short signals in real-time. I'll guide you precisely on the timing; if you don't get in now, you'll only be able to regret it when it breaks out!
