Brothers, keep an eye on the market! The ETH four-hour chart is showcasing a "whale game", on-chain data reveals the shorts' true position!

Key Signals:

At 2:05 AM, a violent surge from $2205 to $2337, Abraxas Capital has bought 61,000 ETH ($116 million) in two days, liquidity on exchanges has been bought up.

The MACD has formed a second golden cross above the zero line, consistent with the pattern before the 19% surge on May 8.

$2300 is oscillating but has seen a trading volume of $21.8 billion, with three attempts to break through $2250 but failing.

Key Levels for Tonight:

Above $2450: There are $1.2 billion worth of options contracts piled up; a breakout requires a volume of $40 billion.

Below $2250: The shorts' cost line, with only 8.97 million ETH remaining on exchanges (a ten-year low).

Operational Strategies:

Holders should hold: A breakout above $2450 targets $2700.

Short-term buy at $2280 (with a $30 stop loss).

Those stuck should wait for CPI to add positions between $2200 and $2250.

Nuclear News:

BlackRock's ETH ETF has added a "physical redemption" clause.

Total open contracts across the network have reached $27.6 billion, with historical high concentration of holdings.

As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment + follow, and we will navigate the bull market together to seize this major opportunity!