Brothers! The ETH big bullish candle that just flooded the screen has directly torn apart the 4220 defense line! Watching the moving averages surge like a crazed bull, with MACD red bars exploding, and trading volume hitting 'nuclear bomb-level' highs. Is this market trend 'a flash in the pan' or the 'opening of a bull market'? Today, I will expose the on-chain data and news to show you the lifeblood of ETH!
Technical analysis: Bulls break through the ceiling with full force!
In the 1-hour timeframe, the 7-day moving average (3834) is like a pumped-up runner, firmly supporting the price rocket; the 30-day moving average (3728) obediently acts as a backup, forming a textbook 'bullish arrangement'! Looking at MACD: DIF and DEA are sticking together and rising crazily, with red bars exploding to the sky, indicating that bullish ammo is fully loaded! But beware! The pressure at the previous high of 4220 hangs like a sword above; if it breaks and falls back, 4100-4150 (near the 7-day moving average) could become a battleground between bulls and bears!
On-chain data: Whales are 'secretly making moves'!
The net outflow of ETH from exchanges has reached a recent high, and the holdings of whale addresses have quietly increased - this means 'smart money' is hoarding coins like crazy and has no intention of selling in the secondary market! The more concentrated the chips, the crazier the market, but also be wary: if whales suddenly dump, a short-term correction can wash out trend-followers to the point of questioning their lives!
News: The powder keg collectively exploded!
ETH Cancun upgrade enters the sprint phase; Layer 2 expansion is about to explode, and ecological dividends are visible to the naked eye;
Expectations for Federal Reserve interest rate cuts are rising; the US stock market and crypto market are celebrating together, Bitcoin stabilizes at 60,000 and is wildly drawing in funds;
Market risk appetite is at an all-time high, with funds pouring into ETH and other mainstream coins; these positive factors are like gasoline on a fire, directly igniting bullish sentiment!
Trend prediction: A precise analysis that bets the analyst's reputation!
Short term: If it stabilizes above 4220, the next target points to 4300-4400! If it fails to break through, keep a close eye on the 4100-4150 support (if it breaks, run without hesitation!);
Medium to long term: On-chain chip locking + upgrade expectations + macro liquidity, ETH is bound to become the main force in the bull market! This wave of the market has just begun!
Now! Clicking to follow me at this moment is your chance to seize ETH's fate! I analyze on-chain data, keep an eye on news, and calculate indicators every day, just to provide my fans with the fiercest strategies! If you miss this analysis, you're not just missing the market, but an opportunity to rewrite your wealth! Stay in sync with my rhythm; in this wave of ETH, let's feast on the fattest meat and cut the deepest profits! If you don't follow now, when the market starts, you won't even have a place to cry!
