ETH this wave of market movement is truly a test of people! The price is stuck tightly around $2980, unable to go up or down, as if frozen. Short-term traders are repeatedly taking hits, long-term holders are worn down to no patience, even veteran traders who have watched the market for years want to curse: this is not investment, it's clearly being harvested.

But the key is, don't be fooled by this surface calm. The seemingly boring sideways movement is actually a life-and-death battle between bulls and bears, and more importantly, a quiet layout by big funds. Today, I will use the most straightforward words to reveal the secrets of this wave of market movement, so you understand how to respond without being easily trapped.

**The essence of sideways trading: it's not a lack of momentum, but big funds accumulating**

Many people think that Ethereum's sideways movement indicates a lack of market vitality, but actually, it's the opposite. Beneath the calm surface, dark currents are surging, all big funds are plotting their schemes.

From a technical perspective, Ethereum is now caught in the middle. The $2880-$2900 region below is both a short-term support and coincides with the lower boundary of the descending channel, forming a defensive line for the bulls. Every time it drops here, it is supported, indicating that the main force is protecting the market. But the pressure above is also significant—the descending trendline since October has been pressing down hard, with all moving averages aligned above, and the $3000 integer mark has become a tough nut—every attempt to break through is met with rejection.