2025-12-31 07:26:32

$ETH Real-time Market Report | 1-Hour Chart Opportunity Emerges

Ethereum surged to 3056 but was hammered down, finding precise support at 2958 (lower Bollinger Band), and the current price stabilizes around the midline at 2974. Three consecutive small bullish candles have engulfed previous bearish candles, a typical sign of a rebound stabilization and bullish testing. Selling pressure has almost been washed out, and the market's chip distribution is restructuring.

What do on-chain data say? Over the past 24 hours, ETH balances on exchanges plummeted by 23,000 coins, with large holders frantically withdrawing and hoarding, showing no intention to sell; active addresses on the chain surged by 18% week-over-week, and Gas fees remain low at 12 gwei—transaction costs are friendly, and funds are entering without hesitation.

The fundamentals are also aligning. Ethereum staking unlocks have been below expectations for a week, directly exhausting selling pressure. On a macro level, Federal Reserve officials tonight signaled dovish hints, implying a rate cut could start in Q1 2026, and the US dollar index has plunged accordingly—this is a dividend-taking moment for risk assets.

Technically, the 1-hour MACD green bars are narrowing, the DIF is about to cross above DEA, and after Bollinger Bands contract, a direction will be chosen. As long as the 2960 support holds, tonight’s target is directly towards the rebound range of 2990-3010. This 20-point swing is currently the highest cost-effective trading window.

ETH0,31%

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HashBandit

· 11h ago

ngl, gas at 12gwei hitting different right now... back in my mining days we'd kill for these fees lol. but real talk, that 2960 support better hold or we're watching another cascade dump. been there before, not fun

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ForkInTheRoad

· 11h ago

If 2960 can hold, there is indeed a chance tonight, but this kind of market condition is easy to cut leeks. Large investors are indeed optimistic about token withdrawals and accumulation, but I don't know if they are genuinely optimistic or if they will continue to buy after smashing. The recent narrowing of the Bollinger Bands feels a bit strange; I'll wait and see the 4-hour chart again. By the way, with such strong dovish signals from the Federal Reserve, why hasn't it directly surged to 3100? I've been fooled by similar technical signals before, so this time I'll be cautious. If 2958 breaks, I'll run. Wait for the DIF golden cross to be confirmed before entering; it still feels a bit early to get in now. Gas fees at just 12 gwei are indeed comfortable, but the idea of funds entering the market is a bit overly optimistic.

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NotFinancialAdviser

· 11h ago

The big players are accumulating coins and hoarding, this wave is really about to surge upward. If we can't hold 2960, let's wait for the next opportunity. Anyway, I'm not in a hurry. The Bollinger Bands are tightening, should be cautious, as a sharp drop can come too quickly. Entering at low gas levels is indeed comfortable, but I always feel macro factors are singing a different tune. The DIF golden cross sounds good, but I'm worried it might be a false signal. The unlocking of staked assets and exhaustion is reliable; selling pressure is really gone. The 3010 target is a bit greedy; 2990 is more conservative. On-chain data surged by 18%, this must be genuine buying pressure. The dovish signals are out, and risk assets should take off; the dollar is also conceding. From 2958 to 2974 in this rebound, the rhythm is still decent. Big players hoarding like this must have seen something we haven't seen.

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DataChief

· 11h ago

Whale withdrawal frenzy, it seems they really don't want to sell. The reorganization of the chip area at this pace is quite something.

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ClassicDumpster

· 11h ago

Whether 2960 breaks or not is a hurdle; if it breaks, let's just get on board directly.

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BlockBargainHunter

· 11h ago

Big whales are all rushing to withdraw coins, still dare to dump? Isn't this just a low-position accumulation? I'm also starting to stock up. The support level is holding firm, just waiting to break 2990. This wave of opportunity is indeed good. After the Fed's dovish signal, will ETH keep falling? Laugh out loud, it should have already risen. With Gas fees so low, entering the market costs almost nothing. No wonder active addresses are skyrocketing, everyone has figured it out. The 2974 dead spot, if it drops again, I'll just buy the dip. Anyway, it will eventually rise above 3000.

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ApeWithAPlan

· 11h ago

2960 is the key to hold or not. If we really break through 3010 this time, I'll directly celebrate by eating spicy hotpot.

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