Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产动态追踪 $ETH
At this price level, it's eerily calm.
Careful look at the candlestick chart: Bollinger Bands are compressed to the limit, with the upper boundary at 3194 and the lower boundary at 3116. The price is hovering back and forth around 3170. This isn't a normal sideways consolidation—it's the posture animals take before crouching down, preparing to dash in which direction? The MACD's DIF and DEA are both close together, and the histogram's momentum has fallen below the zero line but is still shrinking. This is a classic tug-of-war between bulls and bears, and the decisive move is imminent.
My judgment is never ambiguous: the probability of this wave moving upward is over 70%.
**Why do I say that?**
The signals on the chain are particularly clear. Recently, big wallet addresses have been quietly accumulating, and Ethereum reserves on exchanges have dropped to the lowest this year—do you not understand what this means? The influential players are holding back, while retail investors' chips are becoming increasingly scarce. Especially the major players in the layer-two ecosystem; their staking contracts have surged by 15% in a week. That’s real money in action, not to be fooled.
There are also underlying currents in the news. Next Wednesday, Ethereum developers will hold a meeting, and the Cancun upgrade testnet may accelerate progress—these code developers are not resting. Institutions are also acting frequently; last week, they submitted additional materials for ETF applications, and regulatory attitudes are clearly softening—most people simply can't catch these subtle details.
**How to operate?**
Technical convergence + on-chain accumulation + hidden positive news = an imminent breakout. My straightforward strategy: go long near 3170, set stop-loss below 3150, target the first rally at 3220. If it stabilizes, add more and aim for 3280. If a whale suddenly dumps to shake out weak hands, don’t panic—if it drops below 3120, you can confidently buy the dip. Falling to this level might actually be a bargain.