Recently monitoring the 1-hour trend of ETH, the technical signals have given me quite a few hints. The Bollinger Bands are opening downward, with the price being heavily pressed against the middle band, and the moving averages are showing a typical bearish alignment. The MACD is also not optimistic—DIF line has already fallen below DEA, and the green bars are not shrinking but expanding. This clearly indicates a bearish dominance. Trying to reverse the trend with a short-term rally? That’s quite challenging.



In addition to analyzing the chart, I’ve also been tracking on-chain data. Recently, addresses with large inflows to exchanges have increased, but there’s a detail—main capital hasn’t shown obvious accumulation actions. In other words, institutions might also be on the sidelines, or even quietly reducing their positions. The news side is even quieter—no positive developments that could reverse market sentiment have appeared, and the entire market is shrouded in a cautious atmosphere.

Based on these combined signals, my view is: ETH remains relatively weak in the short term. The support level below first looks at previous lows; if the price drops through with high volume, the downside space could further open.

Some people like to talk about bottom-fishing, but I have to be honest—before the trend reverses, reaching out to buy is like taking a knife. The few successful wave tops and short positions I’ve caught before relied on stacking three dimensions: technical signals, on-chain anomalies, and market sentiment. Given the current situation, I still trust my system—bearish momentum has not been fully released yet. At this stage, holding cash and waiting for clearer signals is the safer approach.

Trading is essentially not about impulsiveness, but about waiting for signals and following the trend. Once the market stabilizes and shows upward momentum, I will definitely alert immediately. But for now, patience and protecting the principal are the smartest moves.
ETH-0,36%
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RektRecordervip
· 5h ago
The number of people getting cut recently has been quite a lot, it looks painful. --- The Bollinger Bands are already wide open, it’s time to withdraw. What are you still waiting for? --- Institutions are reducing their positions, and you still want to catch the bottom? Are you just gambling out of frustration? --- Holding onto cash is truly the clearest approach; everything else is just stories. --- Waiting for signals and not the market movement, that’s a valid point. --- Didn’t you lose enough last time getting caught? Now you’re doing it again? --- When the three-dimensional overlay indicates a bearish trend, it’s time to close your eyes and hold cash. --- Large inflows on the chain but no accumulation, institutions are selling off, everyone. --- Once the support level breaks, it’s going to be fierce. Entering now is basically suicide. --- I really like this straightforward judgment—no pretenses, no calls to buy or sell. --- Patience is the most scarce resource in trading. --- Eight out of ten people regret catching the bottom now.
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QuorumVotervip
· 01-15 05:51
The person who took the hit is about to lose again. I feel uncomfortable watching those FOMOing to buy the dip. Right now, in DeFi, we're just waiting for a signal. If there's none, hold tight to cash.
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MechanicalMartelvip
· 01-15 05:48
Those who take the knife are all big fools. I'm watching now; let's see what happens when they spit it out. That bottom-fishing strategy has worn out my ears. Institutions are reducing their positions—do you still dare to buy in? The Bollinger Bands look like this; there's really no chance for a comeback. Holding onto cash is holding onto life. This wave is still early. Don't mess around before the bears finish unloading. We'll just quietly watch the show lying flat. Before the signals appear, any move is just a gift. Institutions are all watching; what does it mean for retail investors to jump in now? It has to go down further. Only when the support level breaks will there be a story. This market is a bit dull, but I like it. It saves me worry and money. The green bars are still expanding. Those who buy now will probably be trapped for a while.
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MeaninglessGweivip
· 01-15 05:48
I've seen this kind of knife-cutting situation many times, and every time I say I'm a smart person... but I haven't seen any rebound signals yet. Institutions are reducing their positions, and you still want to catch the bottom? Laughs. Hold onto cash and wait; this bearish momentum is still strong. It's actually just watching and observing; frankly, no one can be sure. With such poor technicals, I really don't dare to make a move. The true experts do nothing and just wait to watch the show. Those chasing longs now are probably just here to get money. On-chain data all points in one direction, which is rare. If the next support level breaks, things will get serious.
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fork_in_the_roadvip
· 01-15 05:42
Getting involved now isn't worth it, better wait for signals. Currently, institutions are all on the sidelines, so we just need to hold onto cash. --- With technical analysis, on-chain data, and sentiment stacking up, it's true that the bears haven't fully released their pressure. I respect this logic. --- Honestly, most of those bottom-fishing attempts are just gambling. We should follow the trend and act only when the signals appear. --- Bollinger Bands opening up, moving averages showing a bearish trend—this chart is really uncomfortable. I'm watching too, let's wait and see. --- Holding cash and waiting for signals is the safest approach. Much more reliable than those who shout about bottom-fishing every day. --- Institutions aren't moving; why should we rush in? It's too easy to get caught out.
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RugResistantvip
· 01-15 05:41
ngl the institutional accumulation red flags here are screaming—zero absorption on these exchange inflows? that's the tell. caught this exact pattern twice before, never ends well for early catchers.
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TopBuyerBottomSellervip
· 01-15 05:39
Only warriors take the knife; I am the timid one. When I see no signals, I hold onto cash tightly. What’s the point of doing anything before the market stabilizes? Instead of trying to catch the bottom, better to focus on your own work. Institutions are reducing their positions, and I’m still holding onto my holdings? That’s a bit foolish. Let’s wait and see. There’s plenty of time, no need to rush into losing money. The Bollinger Bands are already this wide, and you still want to push up? Stop joking. Major on-chain investors are all selling off. Why would I dare to buy in? This bearish trend isn’t over yet. Why are you in such a hurry, brother?
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GateUser-ccc36bc5vip
· 01-15 05:39
The person who took the hit must be feeling pretty bad now. Bro, this system is indeed reliable. Institutions are also watching? Then we have to wait even more. Retail investors moving first will be doomed. Bollinger Bands opening wide, moving averages in a bearish alignment, this signal is obvious. Just hold onto cash and wait for opportunities. Don't always think about bottom fishing and getting cheap. On-chain data doesn't lie. Large inflows without absorption of shares—honestly, everyone is just watching the show. I was trapped like this before. Now I listen to you—wait for the trend to reverse before acting. The bearish momentum hasn't fully released yet. Forcing in is a suicidal trade. Cash is king at this stage. I choose to trust your judgment. Bollinger Bands opening like this is not a good sign. Falling below support levels is what really causes panic. System trading is much more reliable than gambling. Learned that. Wait for signals, protect your principal. This phrase should be posted on the wall.
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