The “two-bing” order book shows stronger momentum than the “big-bing,” and intraday market capital games are more active. As the situation in the Middle East eases, market panic and sell-off pressure are relieved. At the same time, the Ethereum ecosystem has off-market funds entering in batches at low levels for positioning. On the 1-hour timeframe, the MACD is about to form a golden cross; downside momentum has basically been fully released, and the support zone below remains firm.