The 'High-altitude Disco' Show of the Dog Boss, Who Will Fall from the Steel Wire First Tonight?
ETH's performance this morning can be described as a bewildering act in the crypto world—first, a fake move surged to 1815, and just as the K-line completed the 'Tombstone Line,' it kneeled down, perfectly staging the classic act of 'Chasing Highs and Burying People.' Now the price is stuck around 1780, playing dead, with the MACD dead cross green to a frightening level, and the pair of DIF and DEA seem like tangoing enemies, taking turns stepping on each other's toes, clearly indicating to retail investors: 'The long and short slaughter script has loaded 99%.'
The whales are also busy; on-chain monitoring shows that a certain big player is crazily moving bricks to the exchange, a scene comparable to the ant migration before a heavy rain. Interestingly, ETF funds are still buying aggressively, having poured in 2.76 billion USD in 5 days. The big institutions' skill of 'supporting with the left hand and smashing with the right' is simply more magical than a Sichuan opera face-changing performance.
The ascending channel on the 4-hour chart looks like a swing about to break apart, with the resistance level at 1815 nailed shut like a coffin lid, and the support zone below 1745 is as thin as a sheet of window paper. The Dog Boss is probably sitting back with a cigar watching the show, just waiting for some naive rookie to sprinkle salt on the death line at 1800—will there be a volume breakout? A violent needle? The heartbeat of the contract party could spike the electrocardiogram.
The bulls are holding two expired lottery tickets: ETF fund support + the Federal Reserve's interest rate cut mystique, but unfortunately, these two chronic remedies can't cure acute crashes.
The bears, however, have a fully stocked arsenal of black technology: MACD dead cross, 1-hour top divergence, contract leverage of 83%, just tossing a match could trigger a stampede disaster.
A reminder from Fengyun to novices:
Current ETH is like a yo-yo in the Dog Boss's hand, with 1800 USD being the nearly snapped cotton thread. Tonight, focus on the 1745 defense line; if it breaks, it will directly stage a 'free fall.' Will it dare to rebound above 1815? Congratulations on becoming fresh green onion filling! Remember: when the Dog Boss draws the door, the brave who reaches out to catch the flying knife will find the grass on their grave three meters high.
Feeling confused? The Dog Boss's tricks are harder to guess than a mother-in-law's thoughts!
I am Fengyun, supported by a top team, serving only the ambitious madmen (serious inquiries only).
