Current Comprehensive Bullish Strategy for Ethereum (ETH) Market Dynamics

I. Key Technical Levels and Trend Judgments​

​​RSI and MACD​​: The current daily RSI (56) is not overbought, but there is a risk of a top divergence on the 4-hour chart, so caution is needed for false breakouts; if the MACD forms a golden cross above the zero line and expands, it can strengthen the bullish signal.

​​Ascending Channel​​: ETH is in a weekly ascending trend, and if it holds above ​​$3400​​ (Weekly EMA30), the medium-term target can be seen at ​​$3600​​.

II. Fundamental Support and Institutional Dynamics​

Exchange ETH reserves have dropped to ​​13.2 million​​ (a four-year low), with a net outflow of over 170,000 in the past three days, indicating that long-term holders are reluctant to sell, and supply tightness is beneficial for prices.

The staking rate is approaching ​​30%​​ (about 36 million ETH locked), with an annualized yield of about 3.5%-6%, attracting stable capital inflows.

——Hao Ge