2026-01-09 11:28:11

Spent quite some time analyzing ETH's 1-hour chart, and the technical details clearly reveal the market's temperament.

The Bollinger Bands are opening downward, with the price repeatedly bouncing between the middle and lower bands. The moving averages are arranged very stiffly—short-term averages are firmly pressed on top, indicating a clear lack of upward momentum. As for the MACD indicator, it’s still making small moves below the zero line, with the fast and slow lines showing signs of convergence but far from forming a golden cross. Taken together, these signals can only confirm one fact: the weak trend is still ongoing.

On-chain performance is also quite dull. Large holders haven't shown significant large transactions, and the activity of retail traders is average—nothing suggests major capital moves by the main players. Plus, recent news has been particularly quiet, with no major positive catalysts to stimulate the market. The trend is basically driven by technicals alone.

After verifying multiple data rounds, the conclusion is firm: in the short term, ETH is likely to remain in a sideways, bearish rhythm. Don’t be fooled by those sudden small rebounds. A trend reversal won't happen just because of a few minutes of volatility; real breakouts require confirmation from both volume and price structure.

After so many years of trading, one key lesson is—when the market is hard to read, focus even more on key indicators. The current pace isn’t suitable for impulsiveness; wait until the structure becomes clearer. Remember, trading is fundamentally about cognition and self-discipline, not luck.

ETH0,24%

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MEVHunter

· 01-09 11:55

There are no major whale movements on the chain. Isn't this the best sniper opportunity? Monitor the mempool. --- Wait, you missed a point in your analysis—what's the current gas fee? Is there enough arbitrage space? --- Talking about trend confirmation again... I'm only interested in when the next flash loan arbitrage window opens. --- Bollinger Bands, moving averages, MACD—bro, you've been looking at these for a long time, but I'd rather monitor the mining pool relationships firsthand. --- Is the news quiet? Perfect, that's when bots are most active. Small moves can't escape the mempool. --- Cognition and self-discipline? No, no, no. This industry is about who reacts faster and whose bot code is more optimized. --- Where's the price difference? Give me a specific number—that's what I want to hear. --- Frankly, your analysis is meaningless. The key question is: when will the next gas war happen?

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SerumSurfer

· 01-09 11:55

Bollinger Band suppression, moving average death cross, MACD still in the basement—that's ETH for you... Waiting for volume to break through, everything else is just fake.

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TideReceder

· 01-09 11:52

It's the same old story again—Bollinger Bands, moving averages, MACD, I'm tired of hearing about them. But the author is right—right now, it's just a troublesome sideways market, short-term bearish. Wait, "volume and price structure confirm simultaneously"? That's interesting, indeed a strong indicator of a breakout. The real problem is, it's so weak now, probably won't test the bottom again, right? Still waiting? I've already positioned myself. Waiting for the day when the structure becomes clear, then you'll know who made money. By the way, silence on the news front is the biggest risk signal—this is something they haven't thought of. Looking at such a detailed one-hour chart, why not check the daily chart? Sometimes, it can be just noise.

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NFTDreamer

· 01-09 11:47

I've looked at the Bollinger Bands opening downward, and it feels a bit conservative. There are a lot of people bottom-fishing now.

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PaperHandsCriminal

· 01-09 11:43

It's the same old story again, Bollinger Bands, moving averages, MACD... I'm honestly tired of hearing about it. Every time they say the market remains weak, but what happens? A rebound slaps me in the face.

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probably_nothing_anon

· 01-09 11:42

It's the same old story again—Bollinger Bands, moving averages, MACD, all of which are so familiar they make me sleepy. Honestly, the recent market has been pretty dull; bouncing back and forth makes everyone uncomfortable. I agree that not acting impulsively is wise, but sometimes waiting too long causes you to miss opportunities—that's the tricky part. On-chain data may seem dull, but that doesn't mean there are no opportunities; sometimes it's just the main players accumulating chips. What annoys me the most is the saying "the less clear it is, the more you should watch closely"—it's a bit contradictory. Just say it straight: the price hasn't broken out yet, so no one can be sure what the next move will be.

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zkNoob