#eth #eth走势分析 #max
Hey, everyone, I'm luck. Recently, the trend of ETH has really been nerve-wracking, hasn't it? Since the high point at the beginning of the year, it has retraced all the way and is now hovering around $2300. The fluctuations in the past 24 hours have been quite large, and the trading volume suddenly surged to over $30 billion, making me feel like there is capital testing and accumulating at low levels. Technically, the RSI has already been oversold to the 20s, and the short-term downtrend is slowing down. However, as long as the key support remains intact in the 2200-2300 range, there may be a rebound space opening up to 2500-2600. In terms of news, the Nillion project migrating to Ethereum was mentioned by Forbes, emphasizing the significance of the privacy layer for AI and DeFi; there are also discussions on quantum security upgrades, with the Ethereum Foundation promoting leanVM and post-quantum signatures, showing that they have not been idle in infrastructure. However, the overall market sentiment is still cautious, and confidence has not fully recovered after large liquidations, with institutional inflow not as strong as last year.
Honestly, this adjustment reminds me of the washout phase in previous cycles. As the king of infrastructure, ETH always manages to pull off big moves during downturns. Don't expect a massive surge in the short term, but if trading volume continues to oscillate at high levels + on-chain data warms up, we might see some decent recovery in February. I’m not calling a trade; I just think that it’s better to observe more and act less for now, patiently waiting for clearer signals.
Lastly, thinking about how CZ has shifted from Binance to education and charity over the years, with Giggle Academy helping kids around the world learn for free, this influence is actually warmer than short-term candlesticks. #Max community is also doing similar things, insisting on long-term value output, which I admire. @Max Charity Keep it up, and if anyone is interested, you can check out their updates.
What do you think about the short-term trend of ETH?