#数字资产市场动态 Ethereum 1-Hour Chart: Technical Resonance Indicates Rebound Window Has Opened

Looking at this 1-hour candlestick, the Bollinger Bands are opening downward, and the price is repeatedly testing around 2960, with the market filled with a sense of panic. But those who read the charts carefully know—this is precisely the night before a rebound.

**Three Technical Signals:**

An interesting change is happening on the MACD. The green bars are shrinking, and although DIF and DEA are still below the zero line, this shrinking process often indicates that the bearish momentum is weakening. Historically, Ethereum on the hourly chart has shown similar movements, often followed by a quick rebound of 3%-5%.

The lower Bollinger Band is providing support. The price is close to the 2930 lower band but has not broken downward with increased volume—this suggests funds are accumulating at the bottom. Once it stabilizes above the 2983 middle band, the resistance at 3035 becomes the first target.

The combination of decreasing volume and long lower shadows is quite intriguing. Dense trading occurred near the low point of 2950 yesterday. While retail investors are cutting losses, what are institutions accumulating? You can probably guess the answer yourself.

**On-Chain Data Insights:**

Whales are in action. Glassnode data shows that in the past 24 hours, three new addresses transferred in a total of 42,000 ETH (about $1.25 billion). Smart money like this rarely makes mistakes at the bottom.

Exchange holdings are decreasing. The reserves of Ethereum on major trading platforms have fallen by 2.1%, while turnover rate has increased simultaneously, indicating that chips are shifting from retail investors to long-term holders.

**This Week’s Catalyst:**

Ethereum spot ETF options are launching this Friday, which will significantly increase institutional hedging demand. Most retail investors haven't fully digested this information yet. Additionally, discussions around Layer1 scaling solutions are heating up, and technical enthusiasm is building.

**Trading Strategy:**

Position in spot between 2950-2970, with a stop-loss below 2880. Short-term target is 3050-3100. Don’t wait for the rebound to start before chasing; the market only cares about those willing to think contrarily. $ETH