$ETH 1.12 Evening Analysis

ETH 1-hour timeframe shows a clear upward trend, with the price steadily staying above the 50 and 200 EMA, indicating minimal short-term resistance. The lows are gradually rising, with rebounds occurring after testing the moving averages. Strong support below, Bollinger Bands expanding upward, indicating energy accumulation. Volume is increasing in tandem, MACD is above the zero line with volume and the fast and slow lines forming a golden cross upward, RSI is turning up without overbought conditions, and multiple indicators are resonating bullishly. After breaking through short-term resistance, there is potential for further upward movement, and the short-term bullish pattern remains solid.
Recommendation: Long positions in the 3050–3100 range, targets: 3150, 3200, 3250#Gate广场创作者新春激励