ETH Main Players Withdraw! 2740 Becomes Tonight's Lifeline
Last Night's Scare:
Institutions Sudden Surge to 2880, Short Squeeze of $120 Million
Three Attempts to Break 2870 Failed, Huge Sell Orders Pressing Down
Bulls Collapse Breaking 2800, Lowest at 2740, $380 Million Liquidated in 24 Hours
Truth Behind the Plunge:
Whales Running Away: Large Transfer of 50,000 ETH at 2878 High
ETF Expectations Collapse: SEC Delays BlackRock Decision, Institutional Buying Stops Abruptly
Exchanges Harvesting: Funding Rate Soars to 0.15% at 2878
Technical Nuclear Explosion:
Three Peaks at 2870 + Daily MACD Divergence Death Cross
2800 Support Instantly Broken, 2766 Break Triggers Panic Selling
RSI Plunges into Oversold Zone, Downward Acceleration!
Future Market Strategy:
Short-term:
Volume Breaks 2740 → Must Fall to 2680
Rebound Fails to Exceed 2766 → Escape/Short Opportunity
Medium-term Alert:
This Week's Close < 2700 = Weekly "Evening Star"
Reversal Condition: Effectively Break 2880 and Hold Above 2850
Retail Survival Guide:
Break 2740 Immediately Cut Losses, No Bottom Fishing!
Rebound Fails to Exceed 2780, Short Decisively, Target 2680
Heavy Holders Take Advantage of Rebound to Reduce Positions!
Thursday's US CPI Release, Leverage Players Must Reduce Positions in Advance!
Core Viewpoint Summary:
Main Players' Withdrawal from 2870+ Area is Evidence-Based
Technical Indicators Fully Turned Bearish, Three Peaks Broken, 2740 is the Last Defense Line
Operations Only Do Two Things: Stop Loss After Breakout & Short When Rebound is Weak
Strictly Control Leverage Before CPI to Avoid Extreme Volatility and Liquidation
