ETH Daily Depth Deconstruction

In the morning session, it surged to $1836 due to Grayscale's victory news before pulling back, currently stabilizing at $1812.50, with a real increase of 1.32%. The 4-hour level is clearly constrained by the Fibonacci 0.382 position (1845), and a divergence in volume columns has appeared.

Main Player Movement Capture

The Coinbase premium index has turned negative, and North American institutions show signs of profit-taking. Huobi's ETH/USDT funding rate suddenly turned negative, and perpetual contracts showed a 0.03% discount. On-chain monitoring detected a certain ancient address transferring 120,000 ETH to Binance, suspected to be the project party offloading.

【Impact of Sudden News】

Recently leaked SEC internal documents indicate that the Ethereum ETF approval may be delayed until July, which explains the sharp drop during the afternoon session.

Vitalik Buterin's latest tweet hints at new progress in the Shanghai upgrade, but the market's reaction is tepid, indicating that bullish sentiment is starting to become cautious.

【Operational Strategy Suggestions】

Personally placing a buy order at $1780 to ambush spot trading, with a strict stop loss if it falls below $1750. For contract players, pay attention to the oscillation range of 1840-1780. The current RSI (4H) is 62.7, not yet overbought, but the MACD red bar is shortening, so be wary of potential traps.

Strong resistance above looks at the weekly MA30 (1852), and a breakthrough could see a psychological level of $1900.

Feeling confused? Can't find a way out? Focus on the direction of the 15-minute Bollinger Bands' closure; tonight's US stock market opening may set the tone.