$ETH

The MACD green bars on the one-hour chart are continuously shrinking and turning into red bars, expanding with three consecutive volumes. The fast and slow lines form a golden cross below the zero axis and then keep widening as they rise synchronously. The Bollinger Bands middle line at 1575 has been tested twice with effective support from the two drawdowns, and the current price is firmly above the 1580 level. The funding rate remains in a neutral to low range, with no signs of overheating or squeeze in long-leveraged positions on the market. The depth of buy orders on the order book far exceeds sell orders, with a difference of 1.6 times, indicating ample low-level support orders. On the one-hour chart, there is clear evidence of capital accumulation, with bulls steadily pushing up the center of the market trend, showing strong upward momentum.

Suggestion: Go long at 1580-1585, stop loss at 1570, target 1610-1620, and hold if the breakout continues.