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ETH Weekend market data: Extremely narrow Sideways



The current ETH quote is 3000, which quickly rose to 3099 intraday before falling back, then entered a super narrow sideways range of 2980-3030—tighter than BTC's fluctuation range, with an intraday volatility of only about 50 points.

From the 1-hour candlestick chart, the price is almost repeatedly sticking within the same level range, showing neither upward breakthrough momentum nor willingness to break down support; although there has been a net outflow of $201 million, the open interest remains basically stable. Combined with the significantly reduced trading volume, this typically reflects the weekend market's "low volatility, low participation" sideways characteristics, which is clearly different from the previous rise and fall rhythm of Bitcoin.

MAVOL5 and MAVOL10 are almost overlapping, indicating that both long and short sides are in a "wait-and-see deadlock" state; the DIF and DEA of the MACD indicator are close to flat, with the green bars being very small and showing no expansion, further confirming the current market data's sideways stagnation.


Long strategy: Anchor the lower edge of the sideways market with a light position.
Focus on going long at the levels of 2985-2990. If the price retraces to this range and shows a small bullish star for stabilization, consider entering with a light position, with a stop loss below 2980, targeting near 3030.

Short Selling Strategy: Relying on the Upper Side of the Sideways Market for Short Betting
You can pay attention to shorting at the 3020-3025 level. If the price rebounds to this point and shows a small bearish reversal signal, participate with a light position, with a stop above 3030 and a target around 3000 near #成长值抽奖赢iPhone17和周边 #十二月降息预测 #反弹币种推荐 #PI #ETH .
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