ETH Long and Short Grinder is powered on! Hold on tight, retail investors!!!
This market is making people’s scalps tingle, ETH is crazily rubbing around the middle track at 2523, just like the Jigsaw from Saw playing a psychological game. The MACD is showing a dead cross with green bars increasing under water, clearly resembling a 'bomber is ready' stance, yet the price stubbornly sticks to the middle track, performing 'Waiting for Godot'—you think it’s going to crash, but it doesn’t; you think it’s going to surge, it plays dead immediately.
1. The script of the dog dealer is more mind-bending than 'Game of Thrones'
There’s a pressure point at 2547 stacked with $1.8 billion in liquidation orders, clearly setting up an outdoor barbecue for the bears. On-chain monitoring is even more thrilling: 8 whale addresses dumped 38,000 ETH in half an hour, and net inflow to exchanges soared by 14%, this operation is comparable to the 'Squid Game' where a slight misstep could lead to liquidation.
2. Macro bomb countdown
The White House is about to drop this nuclear bomb of the China-US trade agreement tonight, and the ETH market instantly turns into a scene from 'Train to Busan'—either a collective mutation and surge, or being gnawed to nothing by zombie bears. What’s even more outrageous is that the US government holds 60,000 ETH, this is simply the 'Hunger Games' style of 'century competition', casually dumping 5% could make the K-line perform free fall.
3. Confusing behavior on the technical front
The four-hour line is more bizarre than 'The Truman Show', with the 2600 mark stacked with triple buffs: historical resistance, options pain points, and the 2024 trapped positions. The one-hour K-line has shrunk into a descending wedge, and the Bollinger Bands are constricting to suffocation, this is clearly the time-clamping tactical maneuver from 'Tenet'—you have to choose one between explosive rise and blood collapse. The two attempts to touch the highs in the morning were slapped back, just like Stephen Chow in 'Kung Fu' getting hit on the head by the landlord's slipper.
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