STARTLING AT 3 AM!
$BTC + $ETH unexpectedly “surfing the waves”, lightly shaking the sleeping team
General situation:
• #BTC : 104,043 USDT ⬆️ +0.89%
• ETH: 2,409 USDT ⬇️ -2.65%
• #ETH Dominance: 9.00% ⬇️ -3.04%
• ETH/BTC: 0.0231 ⬇️ -3.50%
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Main technical indicators:
📉 RSI 4H deeply decreased to the range of 33–36, warning of profit-taking pressure.
🧨 EMA20 crossed down EMA9 on ETH → sign of weak short-term strength.
🔻 ETH price testing the short-term upward trendline, not broken.
🟠 ETH Dominance pullback to the fib level 0.236 (8.87%) → may still experience fluctuations.
📊 Volume increased significantly at 2–3 AM, indicating large hands are influencing.
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Market update at 03:00 AM
• BTC slightly broke through EMA100, volume surged strongly
• ETH adjusted lightly, unable to hold above the $2,500 mark
• ETH/BTC reversed → indicating that the money flow is leaning towards BTC
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Next focus:
⏳ Today, 18/05 is the last trading session of the week → there may be a “trap” or “fake move”
⚠️ Caution: ETH may test again the area of $2,318 or deeper at $2,224 if BTC has not confirmed the breakout
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• 🧭 The next direction still depends on the market's reaction after low liquidity