2026-01-06 01:25:55

Recently, the market situation is indeed worth paying attention to. Look closely at the trend of Ethereum—Bollinger Bands have narrowed significantly (between 3116-3194), and the price is consolidating around 3170, which looks like it's brewing for a big move.

From a technical perspective, MACD is shrinking on the zero line, which is a typical signal for a trend reversal. Observing the trading volume over the past couple of days, the ETH holdings on exchanges are indeed decreasing, and large investors seem to be continuously accumulating. Retail investors are still hesitant, but smart money has already been quietly positioning.

What are the key levels to watch next? Next week, a core developer meeting will be held, and regulatory attitudes are gradually easing, all pointing toward a possible upward breakout. From a probability standpoint, the likelihood of an upward surge is relatively high.

Regarding this market rally, besides ETH, what else is worth watching? The recent performance of Puppies is also quite interesting; it is in the accumulation phase before a breakout, somewhat similar to ETH's rhythm.

Trading strategy considerations: at the 3170 level, consider a bullish approach, with a stop-loss at 3150 and a target of 3280. If the market makers create an opportunity, consider adding positions below 3120. Use ETH as the foundation on the left hand, and keep an eye on Puppies for opportunities on the right hand—there should still be quite a bit of meat in this rally.

ETH5,29%

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StakeOrRegret

· 01-08 23:30

The Bollinger Bands are so narrow, I can see it too, just worried this wave is a false breakout. The 3170 level is indeed tempting, but I prefer to wait and see how the developers react next week before taking action. About Puppies... to be honest, I don't have much confidence in it, better to stick with ETH. Large investors buying up is reliable, but retail investors entering now are really easy to get trapped. If this wave really moves upward, I'll admit defeat on my previous short positions haha.

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ChainDoctor

· 01-08 04:33

Bollinger Bands narrowing? I'm tired of hearing about it. The real question is when will it break out? Don't just sideways trade for another week. I didn't see smart money buying up; instead, I think this is just a false signal before a wipeout. Puppies? Bro, I need to hold off on your recommendation this time. Last time I followed your Doge advice, I'm still in the red. Going long at 3170 might be a bit early. I think it needs to drop a bit more; 3120 is the real entry point. Is this developer conference reliable? Last time, regulatory easing didn't amount to much.

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CryptoMotivator

· 01-06 01:47

Bollinger Bands narrowing pattern I've seen many times; the key is trading volume. Air breakout is the most annoying. Large investors are really buying up, and retail investors just have to follow and get a sip of the soup. Enter around 3170 to test the waters. I’m optimistic about Puppies, but I’m worried it might just be another story coin. Next week's developer conference is the real key. To put it simply, it's just two words—wait. Wait until the overall direction is confirmed before getting on board.

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Web3Educator

· 01-06 01:42

ngl the bollinger squeeze play here is exactly what i've been explaining to my students—when price gets trapped like this, you're literally watching volatility compression before the explosion. let me break this down: macd flatlining + exchange outflows = classic accumulation pattern that historically precedes 15-30% moves upward.

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DAOplomacy

· 01-06 01:31

ngl the whole "institutional wisdom on-chain" thing is getting a bit tired... these bollinger band squeeze patterns arguably create non-trivial incentive misalignments between retail signal-chasers and whoever's actually accumulating. historical precedent suggests the real move happens after everyone's already picked a side, but sure, let's pretend macro sentiment shifts are predictable.

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