ETH 1-hour K-line fluctuation, is the market about to change?
Brothers and sisters in the crypto world! Today I must take you to deeply analyze the ins and outs of the ETH 1-hour K-line. The signals hidden in this trend may be the key to wealth if you understand it!
First, look at the K-line chart in front of you - recently, it has shown a continuous upward attack, reaching a maximum of $3811. Although the closing price has fallen back, the 7-day moving average ($3770.08) has steadily turned upward, and the 30-day moving average ($3748.19) is also supporting it. The short-term trend is obviously in an "offensive state". Pay attention to the trading volume again. This large red column has exploded recently, and funds are pouring in frantically, indicating that large funds are taking advantage of the situation!
On-chain data is even more exciting: I found a surge in ETH withdrawal addresses from top exchanges, especially giant whale wallets, which have increased their holdings by 23% in the past week! What does this mean? Institutions and large households are snapping up chips, and they are not vegetarians. They will only act when they smell the market in advance. The news is also adding fuel to the fire: In the Ethereum ecosystem, the locked-up volume of DeFi protocols has hit a quarterly high, the activity of the NFT market has rebounded, and the "Layer3 expansion test progress" just disclosed by the V God team, technical and ecological aspects are helping each other, and this heat cannot be suppressed at all!
But risks must also be guarded against - the K-line has an upper shadow line, indicating that there is selling pressure at the $3800 mark, and it may step back on the moving average in the short term to confirm support. If it回调到 3750 - 3760 区间, then that is the signal to get on board! Remember: In this kind of market driven by fundamentals and funds, as long as it does not fall below the 7-day moving average, the trend will not break, and those who hold on to it can eat big meat!
I dare to say that this wave of ETH is a "real breakthrough" not a "false breakthrough". The popularity of the ecosystem + the entry of giant whales + the resonance of technical indicators, the probability of continuing to rise is high! If you want to follow the rhythm and eat meat, follow me quickly! Monitor on-chain data in real time every day, analyze the news, and take you to accurately step on the points. Wait for you in the comment area to exchange strategies and seize this wave of ETH's wealth wave!
