Unprecedented! ETH Market Today!
This trend is like waiting for grilled kidneys at a barbecue stand—smells good but you just can't wait for the right moment.
First, the current situation:
The market is currently like being rubbed on a washboard, with bulls and bears wrestling at the mahjong table between 1789-1838. BlackRock announced at midnight that "the ETH spot ETF may be delayed until Q4," which immediately deflated the market. But the on-chain tricks can't be hidden—one giant whale placed a 32,000 ETH buy order around 1780, a significant weight that even the market makers have to consider before smashing down.
Technical Analysis Three Major Tricks:
Bollinger Bands Acting Dual-faced: The upper band at 1838 acts as a hard ceiling, while the lower band at 1789 acts like a springboard. Yesterday's spike to 1856 was clearly a test by a manipulative trader; insufficient following orders led to an immediate drop, and this tactic is exactly the same as the washout strategy in early April.5MACD Singing a Sad Song: The DIF line has been lying below the DEA line for three days, with green bars resembling a field of leeks. However, the RSI has secretly formed a bottom divergence, a signal that appeared before the big spike last week.10Volume Acting Weak: When it reached around 1830, the volume dropped significantly, while large holders buried a series of traps between 1830-1850. But Coinbase transferred 26,000 ETH to a cold wallet at midnight, an operation that usually indicates institutions are up to something.
Operational Guide:
For the Impulsive Traders: Place two orders—buying around 1780 when the knife falls, and selling around 1836. Right now, this market is like scratching a lottery ticket; if you scratch out "Thank you for your patronage," you need to run faster than the delivery guy!
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Pay attention today: BTC SIGN ETH S
