ETH is like a slingshot pulled tight right now; the tighter it gets, the harder it snaps! Current price is $2517.7, a superficial drop of 0.26% feels like a scratch, but the scalpers' sickles are already sharpened.
1. Moving Averages Tied in a Chinese Knot
The 7-day MA and 30-day MA are twisted together like a twist pastry, with the price stuck between EMA7 and EMA30 playing the splits. In plain language: bulls and bears are using the moving averages as a tug-of-war rope; whichever side has more strength will see immediate blood!
2. MACD Holding a Nuclear Bomb
DIF and DEA are face-to-face at the zero axis, and the red and green bars have shrunk to the size of a sewing needle. Experienced traders know—last week this setup saw ETH surge $100 in half an hour, with $300 million worth of shorts collectively jumping off the rooftop to sing 'Love You'!
3. Trading Volume Playing Jump Scare
$150 million in trading volume over 24 hours looks lively, but a net outflow of $1.5 billion is a stab in the back! The current price is caught between the morning low of $2509 and the resistance level of $2549; if it breaks the psychological barrier of $2500 tonight, the $2450 support will have to be pawned!
4. Orders Reveal Their True Form
The order ratio at +0.22% looks like it wants to charge forward? Nonsense! The sell orders are piled up like walls of paper; the fake buy orders stacked at $2517 are purely bait. Want to pump the price? The scalpers have already filled the screen with buy orders!
Critical Three-Piece Set
Technical Analysis: Moving Averages Meat Grinder + MACD Charging, a trend change is just a blink away.
Sentiment Analysis: Bitcoin is stuck at $67,000 playing dead, and ETH follows the funds lying in the coffin.
Nuclear Bomb Warehouse: A certain whale just transferred 89,000 ETH to the exchange, enough to make the price plummet by 3%.
Experienced Trader's Survival Manual
Spot Traders: Set a stop-loss at $2499; if it breaks $2500, run faster than an internet celebrity on the streets of Shenyang!
Contract Traders: The range of $2530-$2549 is a liquidation graveyard; if you want to steal a march, wait until it stabilizes above $2550 before sneaking in.
Zen Traders: Keep a close eye on Bitcoin—if Bitcoin can't break above $68,000, don't expect ETH to touch $2700.
Lastly, a piece of honest advice: the more the market resembles a dead fish, the more dangerous the explosion will be! Better to earn $20 less than to become a sacrifice for the scalpers! Now I ask you—do you want to gnaw on fish bones, or be a side dish in sour fish soup?
Currently, the market is stormy; walking alone is lonely. Follow me for daily spot potential layouts and bull market strategy layouts.
