Ethereum on the Edge of Life and Death!
$1800 is the dividing line between the wealthy and the speculators.
Key positions, look here:
$1800 is like a red rope on the edge of a cliff, and both bulls and bears are pulling frantically:
▪️ Bull Stronghold: $1807-$1798
▪️ Bear Sniping Zone: $1768-$1750
▪️ Ultimate Floor Price: $1667
Don't ignore the warning signals.
Large holders dumped 10,000 ETH in the early morning, forcing the price down to the $1800 threshold, currently showing a loss of $510,000.
Arizona will vote on cryptocurrency regulation tonight at 8 PM; if passed, it may break through $1800, if not, it could plummet to $1750.
A bearish pattern has emerged technically, but the MACD shows that bulls are quietly gathering strength.
Guidelines for Ordinary People:
Want to buy at the bottom? Wait for the price to drop near $1750 and buy in batches; if it drops below $1740, run quickly.
Want to chase the rise? You must have significant volume and hold above $1830 to enter, with a stop loss set at $1810.
For those holding, keep a close eye on $1798; if it falls below, reduce your position immediately to protect yourself.
Wealth Codes and Traps:
If it breaks through $1850, it may shoot straight to $1920 (last year's high), but don't go in heavy before tonight's vote.
Beware of the "mysterious trading period" from 2 AM to 4 AM; last week, a large holder was liquidated during this time.
Newbies remember: the current market resembles the night before the peak in 2017; the volatility is too stimulating, so avoid contracts!
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