#战略性加仓BTC Recently reviewed the 1-hour chart of Ethereum, and I want to share some thoughts with everyone.

The current price of $ETH is around 2950, stuck between the middle and upper bands of the Bollinger Bands. This range is quite interesting. Observing that the upper and lower bands are narrowing indicates decreasing volatility, and the market seems to be accumulating energy.

There are details in the MACD—yellow and white lines are close above the zero line, showing signs of slight divergence upward. The green histogram bars are still short and haven't turned red, suggesting that the bullish momentum is still in the accumulation phase and hasn't been fully released.

From the price action, multiple dips have been effectively supported at the middle band, around 2938-2940, making this support zone relatively solid. The current sideways movement appears to be digesting previous profit-taking, preparing for the next upward move. Once the price breaks above the upper band with increased volume, the upside space will open.

An ideal entry point is when the price retraces to the 2940-2945 area and can hold steady—this is a good low-entry point. For more aggressive traders, attempting a small long position near the current price of 2950 is also an option.

Setting a stop-loss below 2925 is more reasonable. If this key level is broken, the short-term technical structure will weaken, and it’s better to exit and wait on the sidelines.

As for targets, the first target is near the upper band around 2966. If the price can effectively hold above this level, then look towards the 2980-3000 round number.

Ensure your stop-loss is in place before entering, and control your position size well. The market always knows the truth; your plan must adapt to the actual price action.