2026-01-02 08:21:26

Ethereum's recent trend has become quite interesting. Looking at the 1-hour chart, ETH has just broken through the previous resistance level of 3031.13. Although it pulled back to around 3020 for some consolidation, don't be scared by this wave of correction—it's actually a typical process of building strength after a breakout.

From a technical perspective, the signals are quite clear. The Bollinger Bands have already widened, with the middle band at 2998.42 forming a solid support, and the upper band at 3025.36 being gradually tested. The key is the MACD: the DIF line at 9.91 is firmly above the DEA line at 7.44. Although the red histogram has narrowed to 4.94, it still remains positive—indicating that while the upward momentum has temporarily eased, there are no signs of a trend reversal. The market structure suggests that the main force is consolidating and accumulating at this level.

What’s even more worth noting is on-chain data. Recently, the number of active addresses and on-chain transaction volume for Ethereum has shown a significant increase, with market participation soaring straight up. What does this imply? Large funds are positioning, and smart money is also in action. Retail FOMO has already been ignited, which is usually a prelude to a strong rally.

The news side is also adding fuel. Ethereum’s upgrade roadmap is progressing steadily, and the explosion of Layer 2 ecosystems continues—these are all supports for long-term value. Overall, the current ETH trend no longer looks like a rebound but rather the beginning of the main bull market wave.

From a trading perspective, it’s highly probable that ETH will break through 3100 in the short term, and reaching 3200 is not just a dream. If a pullback occurs around 3020, that would be a good entry opportunity. Set a stop loss at 2980, with an initial target around 3080. Markets are about opportunities—when they come, you should participate; waiting too long might leave you passive.

ETH2,87%

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GateUser-3295427e

· 6h ago

Wasn't that surge sudden? It made you all realize, what's the point of pushing further? The market chart you’re looking at is visible to the whole world. With such poor liquidity, any kind of K-line pattern can be created for you. Those who talk nonsense should share their positions; if they don't even buy themselves, then they’re just spreading rumors.

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CommunityWorker

· 6h ago

3020 is really an excellent entry point, don't hesitate anymore --- Although the MACD red bars have narrowed, they are still in positive territory, indicating that the main upward wave has just begun --- The on-chain data surge is a very clear signal; smart money has already started to position --- I'm just afraid that waiting too long will lead to chasing the high; 3100 is really not far away --- Having seen too many tricks of shakeouts and accumulation, there will definitely be more opportunities later --- The Layer2 ecosystem is indeed worth paying attention to this wave; ETH's fundamentals are solid --- Stop loss at 2980, target at 3080, this pace is still steady --- Every time there's a pullback, people say it's the main force shaking out and accumulating, but in the end, it just keeps falling --- When FOMO emotions ignite, it's usually the time when the most bagholders are caught --- Is there a high probability of breaking 3100? I think it's uncertain; let's wait for a confirmed breakout before making a move

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ContractSurrender

· 6h ago

Everyone is shaking out and accumulating, big funds have already jumped in, and our group of retail investors are still hesitating over the pullback. Although the MACD red histogram has narrowed, it is still positive. This wave won't reverse, 3100 is stable. FOMO is normal, but don't be greedy. Enter at 3020 with a stop-loss set, take what you should. The explosion of Layer2 is real, but saying this is the start of a bull market every time... If you catch it, you make money; if not, don't regret. The market is always there, and the next wave is not far away.

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GasFeeCrybaby

· 7h ago

The main force's this wave of shakeout is really disgusting, scaring retail investors to sell off every day.

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GmGmNoGn

· 7h ago

I directly bought in during this 3020 pullback; the main force's shakeout trick is too familiar.

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MetaverseHobo

· 7h ago

Damn it, it's the same kind of shakeout trick again. I don't believe it. Retail investors are really fooled; the big players are eating, and you're still tangled up in technicals. I've already laid low at the 3020 level, waiting to buy the dip. MACD red bars narrowing and you start cheering? Wake up, brothers. But I have to admit, on-chain data is indeed interesting; big fish are swimming around. 3100? Let's watch for now, don't be too optimistic. If it can't break 2980, I'll cut my losses and run. I'm tired of this repeated messing around.

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