🚨Ethereum's Crazy Bloodbath! Lowest Approaching 2300, Funds Pouring in 2.2 Billion Dollars, A Major Show is About to Unfold!🚨
Ethereum's price has broken key support, hitting a low of 2323, just a step away from 2300! The MACD death cross intensifies, and the oversold signal appears weak, with the big players aggressively dumping, resulting in a trading volume of 2.2 billion USD, clearly indicating that large funds are controlling the situation.
Short-term Trading Guide:
1️⃣ If 2400 Holds:
Place a light long order at 2410, with a stop loss set at 2380.
Target the short-term moving average at 2433 first, add more if it stabilizes, and aim for 2486 without being greedy.
Exit decisively if the weak rebound fails to reach 2450.
2️⃣ If 2400 Breaks:
Immediately reverse to short, with a target locked at 2323 or even 2200.
The MACD status suggests that the downward trend will accelerate, so don’t easily try to catch the bottom.
3️⃣ In Case of Extreme Surge:
If the big players suddenly forcefully push up to test the high point of 2587, wait for a pullback to around 2525 to confirm support before following in; otherwise, it’s a false breakout!
The key is the 2400 level; if it holds, take advantage of the rebound, if it breaks, it’s a wild sell-off! The market is brutal, don’t get emotional, just act directly!