#以太坊行情技术解读 $ETH

ETH Short-term Technical Analysis】From a technical perspective, this move is interesting. On the 1-hour chart, the MA7 is firmly holding around 3234, resisting the current price of 3235. Looking downward, the MA30 (3217) forms a second layer of support. The MACD has already experienced a golden cross, with DIF (3.61) clearly surpassing DEA (1.54), indicating increasing bullish momentum. Is the red histogram shrinking? That precisely shows the main force is controlling the pace—an old tactic of accumulating at high levels. The middle band of BOLL at 3230 is the critical strong support level. Looking back at last week’s drop to 3142, retail panic selling occurred, but ultimately, the chips accumulated in the 3200-3250 range.

On-chain data signals are even clearer. Yesterday, 2,800 ETH flowed out of exchanges, showing a clear net outflow in the short term. Meanwhile, whale addresses’ holdings hit a two-week high—these institutions and large investors are always perceptive. While they quietly position themselves, retail investors are still debating the direction. This is a typical "bright dip, dark absorption," where prices seem pressured on the surface, but in reality, chips are being concentrated among the big players.

The macro environment has become a catalyst. The Federal Reserve’s interest rate decision will be announced tonight. The market has already priced in the expectation of "keeping interest rates unchanged." The US dollar index has jumped from its highs, and risk asset preferences have surged. In this context, cryptocurrencies, as risk assets, especially ETH as a leading large-cap, have enough momentum for a rebound.

In the short term, holding the 3200 level and continuing to push towards the 3250-3300 range seems more likely.