Every squat of ETH

All for a higher jump

But this time, can you handle it?

News:

The ice and fire of ETFs and regulation

Institutional buying the dip: Giants like BlackRock are quietly increasing their ETH positions, with an average holding cost of about $3300-3500, ETFs have seen a net inflow of $321 million for 12 consecutive days, while Bitcoin ETFs saw an outflow of $1.23 billion during the same period, showing a clear seesaw effect in funding.

Pledged ETF life-and-death situation: If the SEC denies the pledge-type ETF within June, ETH may flash crash to $2300; but BlackRock's 50-person lobbying team is pushing hard, if approved, it opens up a trillion-dollar RWA (Real Asset Tokenization) market.

Technical upgrades protect the market: After the May Pectra upgrade, TPS tripled, Gas fees dropped to the $0.001 level, directly challenging Solana! However, the Layer2 ecosystem is seriously overcrowded, criticized for being like a band-aid that diverts value from the mainnet.

Technical aspect: Bears are still rampaging, don't rush to buy the dip!

4-hour K-line cliff dive: Plummeted from a high of 2879 to 2381, now struggling at 2554. Key resistance at 2580-2600 (original support has turned into iron resistance), a breakout is needed to alleviate panic.

Bollinger Bands opening downward: Price has fallen below the lower band (2562), the middle band at 2688 acts as strong pressure, and the channel expansion shows bearish control.

MACD death acceleration: The DIF and DEA dual lines have crossed under, green bars (negative values) extended to -47.96, the downward momentum has not weakened.

Bull-bear kill zone: 12 billion leveraged long positions stacked at 2500-2600, if support at 2490-2500 is broken, it will trigger a chain liquidation, heading straight for 2300!

Operation summary: Keep your bullets, wait for the signal!

Short-term: If it can't hold 2500, then stop loss and watch, to fight for a rebound it must stabilize at 2560 and increase volume, target 2580-2600.

Medium-term layout: If it drops to 2300-2400, allocate funds to buy the dip, set stop loss at 2250.

Core Reason: The approval of ETFs in the news and the demand for a technical oversold rebound still exist, but before the bearish trend is reversed, it's better to miss out than to make a mistake!

2500 is the lifeline for ETH and also the dinner ticket for the whales—if it breaks down, it will be a bloodbath; if it holds, a V-shaped reversal is imminent! Tonight, keep an eye on SEC's Twitter, click the profile picture to follow me, and I will send the latest news and top strategies on time!!! $ETH #加密市场回调