$ETH The Calm Before the Storm — The Main Force's Intent Revealed by the 1-Hour Chart

This is not just oscillation. From a technical perspective, ETH price is closely hugging the middle band of BOLL (2978.25) and repeatedly testing it, while the upper and lower bands are quietly narrowing (UB 2988.59 / LB 2967.90). This phenomenon is called "Accumulation Wedge" — a typical sign of an impending breakout. The MACD histogram is flattening above the zero line, and both RSI and KDJ show no overbought signals, indicating that upward space has not been fully released.

Looking at candlesticks alone is not enough. On-chain signals showed anomalies early this morning: three large transactions quietly accumulated over 120,000 ETH in the 2850-2920 range, while exchange net outflows hit a weekly high. What does this imply? Institutions are voting with real money. The news side is also not calm; related institutions are reported to have increased holdings in spot ETF-related assets, and the timing is too coincidental.

Based on these signs, the logical chain is as follows:

**Trading Strategy**: The 1-hour correction zone (below 2980) is a low-entry opportunity, with the main cost center likely in the 2960-2975 range. Once volume supports a breakout above 2990, there is a high probability of a straight rally.

**Targets and Risk Control**: This week, look towards the 3050-3080 area, with a stop loss set at 2955. With this setup, the risk-reward ratio can exceed 5:1.

The bull market never waits for us to be ready. When institutions have already started positioning and retail investors are still on the sidelines, the gap widens accordingly.