Today's battle situation of ETH: When the main force draws the door, the retail investors sharpen their knives.
In the crypto circle, one must understand a principle: 'The K-line is the door drawn by the main force, news is the light turned on by the big players, whether retail investors can enter depends on luck and also on how fast the knife is.' Today, Ethereum's chess game is playing Tai Chi in the small space of 2480-2650, making people anxious.
Key battle situation at a glance:
Pressure mounts: Above at the $2650 barrier, a pile of 'sell orders in heavy disaster zones', the price has tried to break through three times but returned empty-handed, large funds are clearly setting up here.
Life hanging by a thread: The critical watershed has been clearly pinned at $2485.76. It’s like the dam gate; falling below could trigger panic selling straight to 2400; while the range of 2480-2484.7 below is a key buffer zone.
MACD struggling: In the MACD indicators, DIF and DEA are stuck and flat, the green bars are getting shorter, while the red bars are not obviously emerging, resembling a stalled engine, unable to go up or down!
My view as Crow: Now the bulls are afraid of being ambushed at 2650, and the bears also fear the buying support below 2485.
Result? Right in this channel, repeatedly 'drawing doors', specially treating all those who chase highs and kill lows with urgency! You see that wave during the day, reaching over 2600+ made them weak, then a false drop near 2485, and again supported, a typical textbook scenario.
Where is the latest wind blowing from?
1ETH ETF: News of 'quick approval' in the market is deafening. A clear big positive, but when will the shoe drop? Unknown! This contradiction makes the market both restless and lacking confidence.
2Whales surfacing: An on-chain alert this morning, a certain mysterious whale is moving to exchanges. Big whales entering usually don't do it for saving; are they going to crash the market or pump it? Direction unclear, but it adds to the tense atmosphere.
3Macroeconomic backdrop: The hawk from the Federal Reserve is still circling above, and the clouds of interest rate hikes linger, making it hard for ETH to have an independent trend.
Right now, it's a 'psychological warfare in a besieged city'
Cash-holding faction: Waiting for the ETF wind to break through the 2650 fortress.
Wait-and-see faction: Hoping for a drop below 2485.76 to pick up bargains.
Crow boldly believes:
Quick-blade knight: Close to 2650, reduce positions to ensure safety, the risk of breakthrough is high, if it holds near 2485.76 during the day with volume, a small position can be used to bet on a rebound.
Long-term veteran: The 2485.76 watershed is a lifeline! If it falls below with volume, decisively exit. If it holds, manage positions and wait for the ETF wind. Don't fantasize; breaking below without exiting could lead to a sharp cut.
Bottom-fishing fanatic: Don’t rush! Wait for the MACD green bars to reappear or red bars to exhaust + stabilize above 2500 before slowly entering. Being hasty to buy halfway up the mountain is the worst.
The market hesitates, grinding people down, direction is brewing amidst fluctuations. Right now, this half-cooked rice, position management is a lifeline! When will the ETF horn be blown? Who will be the winner of the watershed battle? Follow Crow, and the next breakdown will reveal more truth! What do you think, is the main force pushing this 'door' up or smashing it down today? Comments are welcome!$ETH #加密市场回调
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