2026-01-17 05:29:53

Keep a positive outlook on Ethereum at this node!

From the 1-hour candlestick perspective, the Bollinger Bands are widening downward, with the price repeatedly oscillating below the middle band. The MACD indicator is still hovering below the zero line, and the bears are temporarily in control. But there is an important detail— the low point around 3284 has stabilized, not continuing to probe lower, and it’s not far from the lower Bollinger Band at 3268 and the previously mentioned strong support at 3250.

Even more interesting is the on-chain data: the selling pace of large holders has clearly slowed, and there has even been a slight net inflow. What does this mean? It indicates that big funds are starting to hesitate at this price level, and selling pressure is diminishing. Although there are still regulatory voices on the outside, the market usually signals ahead of news.

My view remains unchanged: the 3250 to 3268 range is the last line of defense for the short-term bulls. As long as the hourly closing price does not break below this range effectively, it’s where the main force is accumulating strength. Once the MACD forms a golden cross at a low level, combined with increased volume, the rebound will be quite rapid. The first target is 3312 (the middle band of Bollinger), and if it breaks through, aim for above 3350.

Mentally, I am very calm, even a bit optimistic. The market often quietly turns around when most people are in despair. Continue to monitor closely, and any new developments will be shared promptly. If you believe in this position, don’t rush to cut losses; hold your chips and wait for a good opportunity.

ETH0,75%

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SignatureCollector

· 9h ago

If we can't hold 3250, then this wave is really a bit uncertain. But looking at on-chain data, it’s quite interesting. Hold tight, brothers. When Bitcoin can't lead the way, we look to ETH to see if it can save itself. It feels like we're going to be stuck in this tug-of-war again, waiting for the MACD golden cross. It's quite risky to enter now; better wait and see if we can smash through 3250 first. Big players are hesitating, what does that mean? It means no one is particularly sure, haha. If 3312 really breaks, it will definitely be a rebound rally. Then it will be another round of chasing gains and selling at a loss. I don't dare to go all in, but I don't want to let go of my chips. It's frustrating.

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ResearchChadButBroke

· 01-17 05:59

The net inflow of big players is indeed interesting; finally seeing some hopeful signals. But honestly, if 3250 breaks, we have to admit defeat and not fight the price. Main force accumulating? Haha, us retail investors can only wait to eat the leftovers. Hold on tight, don't miss the last train. Will this MACD really form a golden cross this time? Felt the same way last time too. Just trust in it, anyway I have no money left to cut losses.

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CryptoNomics

· 01-17 05:47

actually, if you run a basic correlation matrix on on-chain flows vs price action, you'd see this "net inflow" signal has a 67% false positive rate. regression analysis doesn't support your thesis here.

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hodl_therapist

· 01-17 05:44

3250, hold on and it's done. Big funds are accumulating, and you're still cutting? --- On-chain data shows slowing selling? That's the signal, brother. --- Hold until MACD golden cross, a rally can come quickly. --- Regulatory voices are loud, but the market doesn't listen. Watching the lows stabilize is enough. --- Don't cut losses. This is where the main players train. Just wait. --- 3312 is not an unreasonable target. That's how I see it too. --- Despair is often the starting point. Keep holding. --- When big players start hesitating, it means they understand everything, right? Those going long should get on board. --- Bollinger lower band is about to give way, a rebound is just around the corner. --- Trading volume hasn't peaked yet. Don't rush; the accumulation phase is the hardest. --- The market is speaking. As long as 3250 isn't broken, keep company.

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