#大户持仓变化 The 1-hour trend of ETH in recent days is indeed worth paying attention to.

Yesterday, I carefully analyzed the technical aspects. The price has been repeatedly testing the 3150–3170 range, with the middle band of the BOLL around 3112 providing relatively stable support, while the upper line at 3172 has formed a clear short-term resistance. The key point is the spike that occurred during the night session, where the price surged then fell back. From a pattern perspective, the bullish momentum is indeed a bit strained. Coupled with the MACD performance—DIF has already flattened, and the red histogram is shrinking—the probability of a short-term breakout is low.

On the on-chain side, I have been monitoring continuously. Large wallet transfers are very calm, and there are no abnormal fluctuations in exchange inflows and outflows. The news sentiment is also quite cold; there are no positive signals to absorb, nor negative signals to pressure, which is typical of a consolidation phase.

My judgment is: ETH is likely to continue oscillating within the 3100–3180 range over the next few hours. Instead of frequently chasing highs and lows, it’s better to hold positions and wait for clearer directional signals. The previous strategy I suggested still holds, and the rhythm is stuck in this consolidation stage for us to grasp. For those who follow my analysis, the most important thing now is to stay calm and not be scared out by false spikes up and down. Waiting a bit longer will allow you to catch the real market moves later.

If you have ideas, we can discuss together. Ultimately, the market will reward patient traders. $ETH