#Strategy增持比特币 The Ethereum market has entered a critical game stage. For investors who are following the ETH market, grasping the timing to get on board and controlling risk points is particularly important. Let's delve into the current market situation through Technical Analysis.

Part One: Core Price Range Analysis
The resistance area above mainly concentrates on the range of 3915-3918, where the moving average MA30 and the exponential moving average EMA30 resonate. If this range can be effectively broken, the next target will point to the middle track position of the Bollinger Bands at 3923(, ), with higher resistance located at the upper track of the Bollinger Bands at 4068(, ).

The support area below should first focus on the 3800-3871 range, which is formed by the EMA7 moving average and the integer level. If it breaks below this range, stronger support levels are at the lower band of the Bollinger Bands ( and the recent low at 3671) (.

Part Two: Current Market Power Comparison
In the short term, the ETH price is running below the short-term moving average, and the MACD indicator still shows green momentum bars, leaning overall towards the bearish side. However, it is worth noting that if ETH can firmly hold its ground in the key support area below, the bullish forces may organize a counterattack.

Part Three: Multi-dimensional Market Signal Interpretation

Technical aspect: ETH is currently operating below the middle band of the Bollinger Bands, the technical indicators are weak, but if it stabilizes in the support zone, there may be a rebound opportunity.

Fundamentals: Investors need to closely follow the Federal Reserve's policy direction, the Ethereum ETF approval progress, and the Bitcoin market correlation effects.

On-chain data: changes in exchange ETH inventory, the number of active addresses on the network, Gas fee levels, and other on-chain indicators often reflect market trends in advance and are important references for assessing market conditions.

The fluctuations in the Ethereum market contain rich investment opportunities. By comprehensively analyzing technical indicators, macro factors, and on-chain data, one can more accurately grasp the pulse of the market and find favorable trading opportunities during the bullish-bearish transitions.