Brothers, keep an eye on the market: ETH just pierced the key defense line on Binance's 4-hour chart, at $2763, teetering on the edge! MA5 dead cross MA30, BOLL narrowing directly points to $2750, this is not a technical adjustment—this is a bloody signal from the bear market! The liquidation data is shocking: $210 million in long positions evaporated in 24 hours. This blogger will directly throw down hardcore strategies to guide you out of this predicament.
▶ Market Analysis: Three sets of data reveal the bear market's killing move.
Fatal Moving Average
Death Cross:
MA5 ($2765) crosses below MA30 ($2779), breaking for the first time in nearly 30 days—this is solid evidence of a mid-term bearish trend.
Comparison with last week's data: At the end of May, MA30 support was at $2715, now it has moved up to $2779, cost has risen but broken, indicating clear intentions from the main force to suppress prices.
Strangulation Point Chart:
Bullish Graveyard Zone: $2808-$2834 (historical trapped area).
Explosive Zone: $2750-$2760 (current concentrated stop-loss area for bulls).
Life and Death Line: $2734 (screenshot of the lowest point, must break through).
Personal Opinion: The bear market is placing short positions at $2830, with stop losses at $2760, a blatant 'slaughterhouse'!
Volume Mystery:
Although the screenshot shows stable volume, the on-chain evidence is solid: a certain whale, 0x9c1, sold 112,000 ETH this morning, worth $310 million!
Blood Battle Guide: Tonight's Multi-Army Counterattack Two Steps
Emergency Plan: Self-rescue manual for trapped long positions.
Heavy Position Lying Flat Party: Immediately open ETH short contracts on Binance for hedging (ratio 1:0.3, for example, a $10,000 long position requires a $3,000 short position).
Light Position Bottom Fishing Party: Place pyramid buy orders at $2730-$2750 (add 10% for every $20 drop), must cut losses if it breaks $2680.
Short Position Take Profit Point: Close 50% of positions at $2730, wait for the daily line to recover MA7 (currently at $2765).
On-chain Monitoring Method: Follow the actions of the whales closely.
Market Crash Warning: If Binance's ETH deposit address shows a single deposit of over 50,000 ETH (set reminders in on-chain monitoring tools), close your positions with your eyes closed!
Reversal Signal: Coinbase shows a single-day net withdrawal of over 80,000 ETH, fully loaded for bottom fishing!
Endgame Prediction: $2734 is not the bottom! But a rebound is imminent.
Hell Mode: If it breaks $2734, it will head straight to $2680, a strong weekly support (the starting point of the bull market in March 2024).
Counterattack Horn: Break through $2785 with increased volume on the 30-minute level (screenshot of BOLL mid-track pressure), target $2840.
Nuclear Bomb Hidden Card: ETH ecosystem TVL still locked at $48 billion, L2 trading volume increased by 35% month-over-month—fundamentals have not collapsed, a plunge is a golden opportunity!
Personal Opinion:
Short-term bearish, but it should be noted that long-term opportunities may be key support levels.
Cautious advice, do not hold too high expectations; however, constructive suggestions still exist.
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