#数字资产市场动态 ETH 1-hour chart has formed, and this structure is finally clear!

**Technical outlook is straightforward**

After rebounding from the 2908 bottom, the price directly broke through the upper band of the Bollinger Bands (2978.55) and is now firmly above 2982. The Bollinger Bands are expanding, volatility and upward potential are opening up—this is a classic strong breakout.

EMA(7) has crossed above MA(30), forming a golden cross, and the short-term moving averages are showing signs of a bullish arrangement. The 2960-2965 zone has become a solid support, unlikely to be broken easily.

The most critical indicator is MACD. DIF continues to rise above the zero line, DEA is about to cross zero, and the histogram shifts from red to green and continues to grow. This is not just a recovery from a bullish divergence; more importantly, bullish momentum is accelerating—this is the signal!

**On-chain data speaks**

Smart money addresses have been net accumulating over the past 24 hours, with a noticeable increase in exchange withdrawals. Futures funding rates have returned to neutral or slightly positive, with no extreme euphoria, laying a foundation for healthy upward movement. Perpetual contract positions are rising, and new funds are entering.

**Fundamental support**

On a macro level, expectations of liquidity shifting are still brewing, and risk asset sentiment is warming up. Activity data in the ETH Layer 2 ecosystem continues to hit new highs, and this fundamental support should not be underestimated.

**This is not a rebound, but a breakout**

The core is the technical structure resonance across multiple timeframes. The price volume breakout above key resistance (previous high and Bollinger upper band), confirmed by MACD bullish momentum, is a high-probability right-side trading signal.

My plan is simple: defend short-term support at 2960-2965; as long as it holds, add to positions. The first upside target is 3020-3050 (previous high and psychological level). Set stop-loss below the key support.

Let the market results speak for the strength. $ETH