#ETH走势分析 In this round of Ethereum’s consolidation, I see an opportunity

I've been watching ETH's 1-hour chart lately, and the more I look, the more I feel something is off—not in a bad way, but quite the opposite.

Let’s start with the technicals. The Bollinger Bands have narrowed to an extreme, with the price stuck grinding around 3162. Historically, when you see this kind of intense compression, the price is about to explode—either up or down. I’m leaning toward the upside.

Why? Look at the moving averages. The 7-day and 30-day MAs are almost overlapping, and while the MACD is still below the zero line, the two lines are converging. Bearish momentum is clearly fading, and the bulls are just waiting for a trigger. Once a golden cross is confirmed, the momentum could be fierce.

I've marked 3213 as the key level—the upper Bollinger Band. If ETH breaks and holds above this, the short-term upside opens up completely.

Now for the on-chain data. The number of holding addresses remains stable, with little fluctuation. Many see this as a sign of market apathy, but I interpret it very differently: retail investors are on the sidelines, while large holders are quietly accumulating. There’s no panic selling, and weak hands have mostly been flushed out. This structure is perfect for a rally.

What about news? There isn’t any major headline. But sometimes, no news is good news. When the market lacks hype, technical breakouts become the focus. Ethereum’s fundamentals have never been an issue, and once capital flows back in, bears will be on the defensive.

My strategy is simple: accumulate in batches in the current support area, and wait for confirmation of a breakout with increasing volume on the hourly chart. The longer the consolidation, the stronger the subsequent move tends to be.

That’s how the market works—when most people are hesitating, the opportunity is already right in front of you. I’m ready; now it’s just a matter of waiting for ETH to give that confirmation candle.

$ETH