$ETH Urgent! The 1-hour chart of ETH1 holds the secret to tonight's big gains ā small investors who don't understand this will be wiped out!
Brothers, type "Stay with me for the meat" in the public chat! I'm telling you, anyone still nervous about the ETH1 1-hour chart right now hasn't grasped theäø»å's tricks ā listen as I break this down piece by piece. You won't sleep tonight without watching the chart and adding to your position!
First, the technicals: on the 1-hour timeframe, I've been calling for core positions since the rise from 3061, pushing all the way up to the high of 3403. Now this slight pullback with reduced volume? That's nothing. Although the BOLL band has shifted from expanding to contracting, the price remains firmly above the middle line (currently at 3359, still a safe distance from the 3310 middle line), and those small green bars on the MACD are just a 'smokescreen' for washing out weak hands ā look at the volume, the red bars have shrunk to just one-third of the level seen at the start, no selling pressure at all ā theäø»å haven't fled!
Now the on-chain data ā this is where I can confidently stand behind my call: over the past 24 hours, whale addresses holding over 1,000 ETH not only didn't sell, but three addresses collectively bought an additional 23,000 ETH (the transaction hashes were shared in my circle); as forč“Øę¼ unlocking, the daily unlock volume since the Shanghai upgrade has dropped from 8,000 ETH last week to just 4,000 ETH now, and institutionalč“Øę¼ ratio has increased by 0.2% ā what does this mean? Theäø»å are using the pullback to scoop up panic-selling from retail investors!
News-wise, there's no need to panic: last night's Fed's Beige Book hinted at a decline in inflation stickiness, sending the Nasdaq soaring 2% overnight, instantly boosting risk appetite across crypto markets; plus, Ethereum core developers have just finalized the testnet timeline for the 'Cancun Upgrade' (set for Q2 rollout), and expectations around Layer2 gas optimization are already building ā with this positive sentiment wind at their back, would theäø»å miss this opportunity?
Here's my trading rhythm: 3350ā3360 is strong support (also the entry point I recommended last night), buy on any pullback, target 3420ā3450 (if it breaks above the previous high of 3403, aim for 3500), stop-loss set at 3320 ā but I'll bet 10 ETH you'll never need to use it!
Finally, let me say this: I've been in the game for 5 years, from buying BTC at $1800 to shouting bullish on ETH at $1550 ā those who followed me have already tripled their capital. This current 1-hour ETH move is the last chance for retail investors to 'jump on board and eat the meat' ā if you haven't followed yet, do it now!
@é¾äøę å„ #ETHčµ°åæåę