Emergency Notice! Big Event Coming #以色列伊朗冲突
Below is my in-depth analysis based on the latest news of Israeli airstrikes on Iran, combined with today's ETH market candlestick chart. Attention, crypto friends!
1. News Trigger: The Israel-Iran Conflict Impacts Financial Markets!
According to Reuters, after Israel launched airstrikes on Iranian nuclear facilities, global risk aversion surged—USD, JPY, CHF, and gold all soared, with oil prices spiking nearly $9/barrel, and the “safety mode” in the commodities market activated. Risk assets, including ETH, faced significant selling pressure.
Today, ETH briefly plummeted over 7%, falling below the 2,550 mark, and after probing for support, it rebounded slightly, with significant volatility throughout the day.
2. Candlestick Interpretation: Structural Key, Single Spike Rebound Signals
From the 15-minute chart you provided, the market first sharply dropped to around 2,540 before quickly bouncing back to 2,584, but then immediately fell back, returning to the 250/7 moving averages (indicated by the green and yellow lines in the chart). This indicates:
Emotionally driven sharp drop: War news triggered rapid risk-off sell orders, leading to significant liquidations on-chain.
Increasing divergence between bulls and bears: The price pulling back to the moving averages did not lead to a significant breakout, indicating that bears still have pressure.
Structure has not collapsed: A single small bullish candlestick after probing the bottom is a typical signal of “recovery after panic.”
3. Technical Arguments: Short-term Bullish Sentiment Revealed
Current short-term support: 2,540–2,550 is the low of today and near the 30MA region.
Short-term target: If it rises above the small resistance band of 2,585–2,600, it may test 2,650–2,700.
Caution: If it breaks below 2,540, then watch the next support level at 2,500–2,520.
Recent reports indicate that ETH has seen continuous inflows from ETFs this month, active on-chain data, and technically there are signs of medium to long-term recovery. Market resilience at the bottom still exists.
Dear friends, is this wave of ETH volatility a real drop or a fake drop? Which position do you think we should focus on next? Feel free to comment “support” or “rebound,” and I will select a few to discuss strategies in detail.