#数字资产动态追踪 The 4-hour chart of ETH, is this move a buildup or a trap? Let’s analyze the market with a professional perspective.

First, look at the price trend. Since the correction in mid-December, ETH has been oscillating within a narrow range of 2960-2980. The current price is right near the middle Bollinger Band at 2961, with resistance above at 3018 and support below at 2904. What does this indicate? Bulls and bears are temporarily tied, and neither side dares to break the deadlock.

What to focus on? Volume. Recently, trading volume has been extremely sluggish, MACD is above the zero line with little movement, and DIF and DEA are almost parallel. This is a typical consolidation phase with decreasing volume—often a good sign during an upward trend correction, as selling pressure gradually diminishes.

My clear judgment: this is a consolidation phase building momentum, and it’s a good time to go long. There are three reasons:

First, the trend framework remains intact. The upward channel since December is still valid; this correction is merely a technical adjustment, not damaging the fundamentals.

Second, volume and price action are healthy. The shrinking volume indicates that major players are not dumping large amounts, and MACD above zero has fully accumulated energy. Looking at the 2900-2930 zone, previous trading was dense, and support is solid.

Third, risk is manageable. In this situation, I would operate as follows:

Buy the dip in the 2930-2950 range in batches—don’t go all in at once.
Set stop-loss below 2880; if broken, exit.
First target: 3050-3080, to test previous resistance.
If it stabilizes above 3100, then look towards 3250-3300.

But one thing to note upfront: if the price falls below 2880 accompanied by increased volume, it indicates the bulls are losing strength, and it’s time to watch and wait. Currently, market liquidity is moderate; it’s advisable to trade lightly and wait for a confirmed breakout of key resistance before adding positions.

Final insight—patience is valuable when a consolidation phase is about to end. Don’t chase highs; focus on buying low, and let the market give its direction. Only trade what you understand, and leave the rest to others to profit from.