Cut to the chase: the main players are washing out weak hands right now! From the panic bottom at 1736 all the way up to 2209, they definitely need to shake out uncommitted chips along the way before charging higher. Look at the on-chain data—the whales haven't left at all; instead, they've been quietly accumulating between 2080-2100. This is textbook "building strength before a breakout." Don't get spooked by short-term price swings!

From the daily chart, Ethereum bounced all the way from the 1736 bottom to 2209, and is now repeatedly oscillating in the 2000-2100 range. The pattern has formed a W-bottom plus ascending flag—the base structure is rock solid, indicating this decline is just a pullback in a bull market, not a trend reversal. The MACD energy indicators (DIF and DEA) are mounting an attack on the 0-axis, and once they break through, bullish momentum will explode; the Bollinger Bands middle band has turned upward, price is holding above the middle band, and the downside is completely sealed off. Consecutive small positive candles show the main players are quietly accumulating—once 2000 doesn't break, the upside will be even more violent!

Looking at the 4-hour Ethereum: after retesting from 2209, it's been repeatedly grinding at support between 1980 and 2020, and has now solidified above the Bollinger middle band. The EMA trend indicators show bullish alignment, long-term MA has flattened and turned upward, the bearish trend is over, bullish players have taken control of the market. MACD golden cross pointing up confirms short-term pullbacks are just pauses in the uptrend, not a top. We can basically confirm 1980-2020 as key support—as long as it doesn't break, the uptrend remains intact.

Below: Target 2050-2100 for northbound movement, defend 2000, stop loss 1980, target 2120-2200, breakout targets mid-term 2420

Above: If volume expansion and bearish divergence appear at 2180-2200, consider opening a short position, stop loss 2220, don't look too far ahead—2120 is fine, don't be greedy. The trend is still primarily northbound. #Gate2月衍生品市场份额创新高