Dear ones! Recently, doesn't the ETH trend feel a bit "volatile" yet seems to hold opportunities? Today, we'll break down the current rhythm of ETH from three dimensions: technical aspects, on-chain data, and industry news. After reading, you'll know how to observe next!
Technical analysis: short-term rhythm, medium-term structure
First, let's look at the technical indicators of the 1-hour K-line:
Bollinger Bands (BOLL): With a parameter of 20, the upper band is around 4374, the middle band is 4324, and the lower band is 4273. The current price (approximately 4338) is above the middle band, indicating a short-term strong trend, but has not yet reached the strong resistance level at the upper band.
KDJ indicator: K value 59.09, D value 64.58, J value 48.11. The J value has turned downward, indicating a potential 'small pullback' demand in the short term, but K and D are still in a neutral to bullish range, and the expected pullback is limited.
MACD indicator: DIF (10.42) is above DEA (8.75), and the MACD histogram is positive (3.35), indicating that the short-term bullish strength is still continuing, but attention should be paid to whether the subsequent DIF and DEA will form a 'death cross' (if a death cross occurs, short-term adjustments may be more apparent).
On-chain & industry perspective: medium-term strength is accumulating.
Looking at the on-chain data (recent tracking situation): the number of active Ethereum addresses remains in a relatively stable range, showing no significant drop, indicating that funds and user participation are online; at the same time, the ETH staking amount continues to grow slightly, and long-term holders are confident, which is a 'hidden benefit' for the medium-term trend.
The industry news front is also very positive: the Ethereum ecosystem continues to develop, Layer 2 applications are becoming increasingly rich, and DeFi projects are constantly innovating; coupled with the macro perspective, the performance of the US tech sector is stable, creating a friendly atmosphere for the cryptocurrency market.
What's next?
Short-term: Pay attention to the KDJ correction rhythm. If the price retraces to the middle band of the Bollinger Bands (around 4324) and can 'hold steady', the probability of hitting the upper band (4374) later is quite large; if it directly breaks below the middle band, pay attention to the support strength of the lower band (4273).
Medium-term: Benefiting from on-chain staking and ecological benefits, as long as there are no 'black swan events', it is highly likely to maintain a 'volatile upward' rhythm.
Dear ones, the cryptocurrency market changes rapidly. If you want to get accurate technical analysis, on-chain hot data, and cutting-edge news interpretations as soon as possible, you must pay attention to me! I share valuable insights every day, helping everyone steadily seize opportunities. Let's find the rhythm in the market together!
