Ethereum's life-and-death situation: the 2300 liquidation zone is buried with 1.2 billion dead retail investors!
Right now, Ethereum seems to be torn between two forces:
The rocket fuel of technological upgrades
The death threat of regulatory scrutiny
Three major advantages VS two significant risks:
【July nuclear-level upgrade】
Pectra hard fork countdown! Gas fees will drop to zero, TPS will triple, Layer2 is about to take off!
【Institutions are crazily sucking blood】
ETFs have drained 320 million dollars for 12 consecutive days! BlackRock has locked in costs at 3300-3500, just waiting for pension funds to step in...
【Regulatory sword of Damocles】
The SEC is up to something this month! If ETH is classified as a security, it could lead to a bloodbath in no time!
Current situation:
2605 dollars stuck on the line of life and death, MACD golden cross but lacking volume, Bollinger Bands have tightened to suffocation - the calm before the storm!
Long and short battle points:
Break through 2680: directly soar to 2850-3000
Fall below 2380: bloodbath in the 2300 liquidation zone (1.2 billion leverage death warning!)
Veteran advice:
Either wait for a breakthrough at 2680 to go long
Or wait for a drop below 2380 to short
The safest? Wait a week before the July upgrade to ambush!
Remember: A bull market is built on liquidation orders, do you want to be the fuel or the igniter?
