ETH is crazy! Soaring 20% in 24 hours, approaching 2500, but retail investors beware of being harvested by the 'death pullback'!
In just two days, it skyrocketed by 700 dollars! But don't rush to shout bullish, on-chain data has already sounded the alarm:
Global asset management giant BlackRock has recently quietly increased its Ethereum holdings by 47%, which clearly indicates a bet that 'Ethereum is about to do big things.' Even more explosive is that Vitalik Buterin casually hinted: the Pectra upgrade may land ahead of schedule! Technical upgrades + institutional endorsement, this surge is definitely not something retail investors can achieve.
A mysterious address directly swapped 32,000 bitcoins for ETH! This kind of operation is either betting that the 'altcoin carnival season' is coming or knowing some insider information that we don’t. But remember: whales feast, retail investors may only get the soup, or even be cut like leeks.
The MACD just issued a golden cross, and the RSI has rushed into the overbought zone, indeed soaring sharply in the short term. But there are massive short positions lurking around 2250 dollars, and once the bullish momentum wanes, it could trigger a 'guillotine-style' pullback in seconds!
Red line alarm: 2150 dollars
Last night, 83,000 people were liquidated for 370 million, this is a bloody lesson! If ETH falls below 2150, don’t hesitate, directly cut losses and run away, being late by even a second could bury you.
Aggressive strategy: Hold above 2200 before entering
If it can maintain 2200, this wave might push to 2400 dollars. But don't forget — this rally is essentially a catch-up trend, as soon as Bitcoin pulls back, Ethereum will definitely fall harder!
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