Ethereum 1-hour timeframe is showing typical bullish shakeout characteristics. The pullback after surging to $3068.97 is not a reversal signal; instead, it can be understood as the main force accumulating energy for the next rally—this is normal during consolidation phases.
From a technical indicator perspective, the Bollinger Bands are quite critical. After the price continuously rose along the upper band and then retraced to the middle band, this pattern is common in strong upward channels and does not constitute a breakdown. The MACD fast and slow lines remain closely aligned above the zero line; although the histogram has narrowed, this precisely indicates a consolidation phase rather than bullish exhaustion. The real warning sign would be a bearish crossover on the MACD, which is far from happening at the moment.
On-chain data provides a clearer logic. Over the past three days, the number of large Ethereum transfers has increased by over 20%, and net outflows from exchanges continue to grow—this is a typical pattern of whales gradually accumulating while retail investors panic-sell. Meanwhile, discussions about Ethereum spot ETFs have reignited, with several institutions increasing their holdings for two consecutive weeks. This accumulation is not random.
Fundamentally, the Layer2 ecosystem’s locked-in value has just broken previous highs, and fee reforms for DeFi protocols are imminent—each development is fueling new momentum for Ethereum’s growth. These are not noise but fundamental support.
The trading approach is relatively straightforward: if the pullback does not break below 2980, it’s a clear signal to add positions. Consider deploying multiple buy orders within the 2980-3000 range, and add more when breaking through 3080, with the target above at 3150. For those still on the sidelines, wait until you are fully confident—by then, the market may have already moved away from the current level. Those who understand the logic behind candlestick patterns can always catch the right rhythm, and this wave is no exception.
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AllTalkLongTrader
· 01-02 12:30
Hmm, it's the old trick of shaking out the market again. Are whales really that idle?
Both bulls and bears have their arguments. I'm just waiting for the moment when it doesn't break 2980.
Layer 2 volume increase does show some potential, but it depends on whether it can be implemented later.
Let's wait and see. It's easy to get crushed if you jump in now.
View OriginalReply0
Hash_Bandit
· 01-02 12:28
ngl, seen this exact setup before—every layer2 push ends up recycling itself. patience is the real asic here.
Reply0
ruggedNotShrugged
· 01-02 12:25
Whales building positions while retail investors get squeezed—I've seen this script too many times, haha.
I'll buy in once it breaks 2980; otherwise, I'll keep watching.
ETH is just giving us time to get on board right now; the key is still what the institutions are doing.
If this wave reaches 3150, I'll recover my previous losses.
View OriginalReply0
screenshot_gains
· 01-02 12:22
It's another shakeout and accumulation. Why do I feel like we're talking about this every day?
Whales building positions while retail investors panic—how many times has this script been played out... But the key level at 3080 must hold.
View OriginalReply0
MetaverseLandlord
· 01-02 12:19
Whales are building positions gently again, while retail investors continue to be trapped. This is the market, haha.
Looking at this logic, if 3080 can't be broken, it will just keep grinding, and I feel like we have to wait longer.
Institutions are increasing their positions, while I am reducing mine. Why is the gap so big?
The fact that layer2 is hitting new highs should have been hyped up earlier. Why is it only gaining attention now?
By the time you're sure, you've already moved away from the position. That hits hard—it's always like this when I get cut.
If 2980 doesn't break, add to the position? My capital feels powerless.
It sounds very professional, but I just want to know—are retail investors chasing 3080 just setting themselves up for another trap?
I haven't even seen a breakdown, so how can I be so sure it's just a shakeout? Let's try a short position against the trend.
Whales are building, I'm escaping, always a step behind.
#数字资产动态追踪 $ETH
Ethereum 1-hour timeframe is showing typical bullish shakeout characteristics. The pullback after surging to $3068.97 is not a reversal signal; instead, it can be understood as the main force accumulating energy for the next rally—this is normal during consolidation phases.
From a technical indicator perspective, the Bollinger Bands are quite critical. After the price continuously rose along the upper band and then retraced to the middle band, this pattern is common in strong upward channels and does not constitute a breakdown. The MACD fast and slow lines remain closely aligned above the zero line; although the histogram has narrowed, this precisely indicates a consolidation phase rather than bullish exhaustion. The real warning sign would be a bearish crossover on the MACD, which is far from happening at the moment.
On-chain data provides a clearer logic. Over the past three days, the number of large Ethereum transfers has increased by over 20%, and net outflows from exchanges continue to grow—this is a typical pattern of whales gradually accumulating while retail investors panic-sell. Meanwhile, discussions about Ethereum spot ETFs have reignited, with several institutions increasing their holdings for two consecutive weeks. This accumulation is not random.
Fundamentally, the Layer2 ecosystem’s locked-in value has just broken previous highs, and fee reforms for DeFi protocols are imminent—each development is fueling new momentum for Ethereum’s growth. These are not noise but fundamental support.
The trading approach is relatively straightforward: if the pullback does not break below 2980, it’s a clear signal to add positions. Consider deploying multiple buy orders within the 2980-3000 range, and add more when breaking through 3080, with the target above at 3150. For those still on the sidelines, wait until you are fully confident—by then, the market may have already moved away from the current level. Those who understand the logic behind candlestick patterns can always catch the right rhythm, and this wave is no exception.