#美SEC促进加密资产创新监管框架 Watching the market late at night, this segment of $ETH ’s price movement is indeed interesting—the surface looks like a directionless stalemate, but there are undercurrents beneath.

Reviewing yesterday’s details: In the early session, it touched 3010 and then quickly reversed upward, clearly accelerating to 3179 by midday, with a short-term gain of nearly 170 points—quite a strong move. Then it repeatedly oscillated around 3178, slipped down to 3066 in the evening—just when it seemed it would weaken further, it quickly stabilized at the lows and this morning climbed back up to 3153. Now it’s hovering around 3100—this isn’t simple consolidation; bulls are rhythmically testing the waters.

Looking at the Bollinger Bands, you can see more clues. The bands have clearly narrowed, with the upper band at 3154 and the lower at 2980—getting tighter. The key is that the upper band has been repeatedly pierced but never truly broken through, and each pullback is quickly recovered—what does this detail say? Bulls’ positions are very stable and bears can’t suppress the price.

The market hasn’t turned weak; a breakout may just be a matter of time. The current strategy is not to be scared out by these short-term swings—focus on the 3010 low; as long as it doesn’t break below 3060 and holds steady, there’s no big problem. Bulls are gathering strength near 3100—once the Bollinger Bands widen, the probability of charging to 3200 is quite high.

Still closely watching $ALLO and $ZEC ’s movements.