#数字资产市场动态 Looking at the 1-hour trend of Ethereum, I think there is still room for this wave of market—bulls haven't relaxed yet.

The technical aspect goes without saying; it's already very clear: trading volume has broken through the short-term resistance level, the Bollinger Bands are supporting it, and the medium-term moving averages are neatly aligned. The MACD has been staying above the zero line, with the green bars getting deeper. This is not a rebound bounce; it's funds systematically pushing the price higher.

On-chain data also confirms this judgment. Large holder addresses are steadily increasing their holdings, and the amount of coins flowing out of exchanges is still growing—indicating it's not short-term speculation; smart money is accumulating opportunistically.

The contract rates are at comfortable levels and haven't entered the frenzy stage, making the overall rhythm quite healthy.

The fundamentals also support this strongly. Ethereum's ecosystem has been highly active recently, Layer 2 traffic data is impressive, and network Gas fees are even decreasing—these are solid supports. Expectations related to ETFs are also still being digested.

Honestly, my attitude is to keep a good mindset and hold positions. Short-term volatility and shakeouts are normal, but once a trend is established, it gains inertia. From the trend structure, this round is a stair-step rise, with each small correction providing an opportunity to re-enter.

The core of trading is not to gamble on ups and downs but to identify signals, follow the trend, and manage risks. When you react, the price might have moved up another level.

$ETH