#密码资产动态追踪 ## Ethereum On-Chain Signals Heat Up: Key Details to Watch

Recently, there's a phenomenon worth pondering—over the past 24 hours, ETH has seen a net outflow of 129,100 tokens from exchanges. What does this mean? Simply put, off-chain funds are continuously flowing in, while Ethereum on centralized exchanges is decreasing. When the supply chain tightens, prices often follow suit.

Currently, ETH is trading around $3,259, but interestingly, it has held at the 3,238 level for three days. Below that, there's support at 3,155—these levels are not coincidental.

From a candlestick perspective, ETH has attempted to break above 3,290 multiple times today but hasn't stabilized. Each pullback has precisely landed around 3,238. This repeated testing and rebound usually reflect market participants digesting their positions. Looking upward, 3,358 is a clear resistance zone; only a breakout here can signal the start of new space.

**Logic Behind Accelerated Token Withdrawals**

Why is withdrawal data so critical? Because it reflects the true intentions on the chain. When a large amount of funds moves from CEX to self-custody wallets, it indicates holders are making long-term allocations rather than short-term exits. Coupled with the repeated consolidation in price ranges, the market may be accumulating energy.

From a technical standpoint, if ETH can hold above 3,290 and maintain that level, the next target is 3,360. But this depends on trading volume—only with sufficient volume can a breakout be convincing.

**Trading Perspective: Some Thoughts**

For friends already holding ETH, the 3,238 level is worth paying attention to. If the price finds support here and rebounds, consider gradually adding to your position. But discipline is key—if it rises to 3,350, it might be time to start taking profits, as no one can predict when profit-taking will occur.

Traders with no positions don't need to rush in. Instead of chasing highs, wait for a pullback to more reliable levels. If support at 3,238 can be regained, the risk-reward ratio will be more favorable.

**Market Duality**

Currently, market sentiment is generally optimistic about a breakout, but markets are never short of counterforces. How this rally unfolds depends on whether 3,290 can truly hold and on subsequent volume support.

In summary: on-chain data is speaking, but the final validation still depends on price action and trading volume. The market is always moving, but opportunities favor those who are prepared.