Brothers, ETH's movement today looks like a robber who just grabbed the money and ran away, with the four-hour chart's throttle pushed so hard that sparks are flying! But don't just look at the surface glamour; underneath the market is full of tricks. Let an experienced driver reveal the truth to you in three minutes:
The golden cross of moving averages is suspicious; the big players are playing a double act.
The 7-day EMA has indeed pierced the 30-day EMA, but looking at the ordinary moving averages reveals the truth—MA7 and MA30 are still separated by a gap of $24. The price is now above $2540.99, looking impressive, but just above is the $2541.05 wall, which equates to the selling pressure of 200 Bitcoins. The manipulator clearly has placed landmines at this critical point!
The MACD has a strong bullish bar, but the fast and slow lines are diverging.
The MACD bar is +19.78, quite fierce, right? But upon closer inspection, DIF and DEA are 10.48 units apart, which is farther than the Cowherd and Weaver Girl! The needle shot straight to $2578 and then crashed back to $2540, with a trading volume of only 86,000. This rise is like a bicycle chasing a high-speed train—sooner or later, it will be crushed.
The tricks of capital are exposed; the hidden maneuvers are confirmed.
A net inflow of $34.59 million sounds scary, but buy orders are concentrated at $2540.99, while sell orders pile up at $2541.05 with 2523K USDT. This is equivalent to using a toy gun against a cannon. What's even more outrageous is that large transactions show $2540.96 with 4042 secretly offloading, indicating the manipulator is pulling up with one hand and dumping with the other!
Life-and-death line warning.
Above, $2578 is a liquidation concentration camp; a breakthrough must be coupled with a volume of 200,000+; otherwise, it will be killed by shorts. Below, don't be fooled by the so-called iron bottom at $2510; EMA30 and MA30 are inverted by $14, and if it really crashes, we will see $2470!
Practical guide:
Bullish: Reduce positions by 50% at the current price of $2540, leave half to bet on $2575, cut losses if it breaks $2525.
Bearish: Place short orders between $2575-$2580 and surrender if it breaks $2580 with volume.
Onlookers: Keep a close watch on large orders above 5000 ETH at 14:00, follow the manipulator for profits.
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