At 4 a.m., ETH closed near $3826 with a bullish candlestick, and trading volume surged by 20% compared to the previous 4 hours. Bulls prove with action: the upward trend is established, and every pullback is an opportunity to get in! The technical aspect hides three major bomb signals: MACD golden cross confirms bullish dominance, the moving average system shows a bullish arrangement, and the Bollinger Bands open upward. Historically, this pattern has an 85% probability of triggering a one-sided market!
News Aspect: Institutions buying heavily + policy benefits, ecological explosion is imminent.
The most explosive news in the crypto space today is the institutions wildly buying ETH! BlackRock's ETHA and Fidelity's FETH saw a net inflow of $14.57 million in a single day, with giants like Grayscale and VanEck continuously increasing their positions. Since December 2024, Ethereum ETFs have attracted over $2.66 billion! Even more aggressive, four US companies have increased their ETH holdings through financing, with total holdings exceeding 810,000 ETH.
The policy aspect is also strong: the UK's FCA stablecoin new regulations + the advancement of the US GENIUS Act, equivalent to equipping ETH with a 'compliance engine', which may replace gold as a core institutional asset in the long run! The Trump administration clearly supports cryptocurrencies, further boosting market confidence!
Technical Aspect: Bulls have taken control, the main upward trend is about to begin.
Open the ETH 4-hour candlestick chart, three major signals are blinding:
The moving average system is fully bullish: MA20-MA200 moving averages extend upward like steps, with prices firmly above the moving averages. This 'bullish arrangement' often indicates a main upward trend. Historical data shows that ETH oscillated for 10 days under a similar pattern before breaking through $2000 in 2021! MACD golden cross + volume-price increase: The MACD indicator shows a golden cross, with the DIF line breaking through the DEA line, combined with an increase in trading volume, which is a typical signal for accelerated upward movement. Yesterday, when ETH rose, buying pressure was strong, and selling pressure almost disappeared; smart money has already positioned itself in advance! Bollinger Bands opening up: The Bollinger Bands have expanded for the first time to the $3500-$4000 range after a contraction; this 'trumpet-shaped' pattern usually accompanies a main upward trend. If it breaks through the $3800 resistance level, ETH could directly challenge the historical high of $4000!
Personal Opinion: History is repeating itself, don't be misled by Tesla's rhythm.
The current market situation is strikingly similar to the script before ETH broke through in May 2021: institutions are frantically building positions, policy benefits are exploding, and the technical aspect is completely bullish. Those who are fixated on the 'Tesla selling BTC' news and shouting bearish may have forgotten the miracle of ETH soaring 1200% amidst skepticism in 2021!
Operation Suggestion: Keep up with the main force's rhythm, don't be a victim.
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