ETH Life and Death Situation! 292.5 Dollars Engaging in Long and Short Struggle Current Status
The price is stuck at 292.5 dollars, neither up nor down, like two martial arts masters competing in internal strength, neither daring to withdraw first. The Bollinger Bands have contracted into a line, and the market has fallen into a strange calm — but this is often the calm before the storm!
Technical Analysis
Bollinger Bands 'Suffocation': The upper and lower bands are tightly adhered, ETH is like an athlete caught in the middle of a trampoline, unable to jump high or fall deep.
MACD 'Entanglement': The fast and slow lines are intertwined, both long and short sides are still in a tug of war, but the outcome is about to be revealed.
Volume 'False Death': Trading volume is as sluggish as a weekend exchange, but it could be ignited by a large order at any time.
Under Currents
The last time this 'suffocation' pattern appeared, there was a sudden 5% surge in the afternoon! Will history repeat itself? The main capital is secretly positioning, just waiting for a trigger point.
Operation Guide
Short-term Traders: Sell high and buy low in the 292-295 dollar range, make some pocket money and run.
Long-term Holders: Lie flat and play dead, don’t be shaken out by small fluctuations.
Wait-and-See Crowd: Keep a close eye on two signals:
1) Trading volume suddenly surges 2-3 times
2) MACD golden cross/death cross clearly separates.
Final Advice
The calmer the market, the tighter you should fasten your seatbelt! ETH is now like a compressed spring, ready to explode into a big trend at any moment. Remember: before the trend is clear, it’s better to miss out than to make a mistake!
Do you think ETH will break 300 first or 280 first? Let’s see the truth in the comments!
