The market always explodes amid divergence and reverses within consensus. Today's Ethereum 1-hour K-line illustrates this statement clearly.
Current trend: 2500 is the battleground for bulls and bears, MACD hides variables.
Current price of ETH is $2485, oscillating back and forth within the 2480-2580 range on the hourly chart. MACD fast line drops to 8.50, slow line DEA at 14.20/9.80, with the two lines converging indicating a stalemate between bulls and bears. The 2430 golden pit warned by the academic last night still serves as a bearish trump card, but BlackRock's ETH ETF proposal has just been marked by the SEC for accelerated review, which essentially gives the bulls a dose of reassurance.
Key data: Staking breaks records, but the risk of liquidation is rising.
On-chain ammunition: ETH staking amount surged to 33 million, with the circulating supply becoming tighter, EIP-1559 burns 200 coins daily, making the long-term bullish logic stronger.
Risk warning: This morning's sharp drop resulted in $18 million in losses within an hour, with long positions accounting for 85%. Someone opened a breakout position at 2580, but the main force reversed and crushed the market, directly burying people. Remember: low volume surges are traps!
Operational strategy: Quick in and out, keep a close eye on two major signals.
Bullish forces: If 2530 holds and the four-hour trading volume expands, you can cautiously try a long position with a target of 2580. If a BlackRock ETF news hits suddenly, hold on tight.
Bearish forces: If it falls below 2500, decisively stop loss, buy around 2430 (the 'golden pit' mentioned by the academic). Don't hold positions! Those who held positions yesterday are almost out of luck.
In a bull market, you earn coins; in a bear market, you earn USDT; in a volatile market, you earn patience. Now ETH is waiting for two bombs:
Tonight's US stock CPI data: If inflation exceeds expectations, the Nasdaq crash could bring down the cryptocurrency market;
SEC's feedback on BlackRock ETF: Approval = takeoff, rejection = short-term bloodbath.
Final note: Remember, 2530 is the dividing line between strength and weakness; breaking above means going long, breaking below means cutting positions. The market is not short of opportunities; what it lacks is a non-greedy hand! $ETH #稳定币日常支付
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