ETH Today's Battle Report: 2520 is the Lifeline! The Battle of Bulls and Bears is Tonight — Exclusive Interpretation by Coin Circle Master
"A big bullish candle, thousands of troops come to meet; a big bearish candle, even gods change their faces!" Today ETH jumped around the $2520 'ghost gate', resembling a man caught between his mother-in-law and wife — afraid to be trapped if it breaks upwards, unwilling to give up if it breaks down.

1. Key Signals on the Market (Let You Understand the Insights)

  1. ​2520 USD has become 'Tang Seng meat'​​
    From the screenshot details, you can see that the price of 2520.84 has been marked 7 times! The main force piled up over 3000 ETH buy orders at this position, but every time it reaches 2521, they hesitate, just like a student scoring 59 in an exam — one point away from failing.

  2. ​MACD is showing 'Buddha-like market'​​
    The DIF and DEA lines are almost touching, and the bars are as short as a leek's fingernail. This pattern also appeared on May 24, and later ETH surged violently by 8%, but the same pattern on June 8 led to a 5% drop — it indicates that this is a 'dice market', entirely dependent on the main force's mood.

  3. ​Bollinger Bands have narrowed to a 'tiny waist'​​
    The distance between the upper and lower bands is less than 240 USD, the narrowest channel in the past half month. Experienced traders know: the tighter the Bollinger Bands, the more explosive the follow-up! Refer to June 14, when the bands tightened and ETH surged by 12% in a single day.

2. Latest News Ammo (Must Read Today)

​The Federal Reserve is dovish​: The early morning meeting hinted that a rate cut may happen in September, and the ETH futures funding rate immediately soared to 0.0047, indicating that leveraged bulls are starting to bet.

​Whale Activity​: On-chain monitoring detected a mysterious address that transferred 82,000 ETH to an exchange two hours ago; the last time this happened, ETH dropped by 15%.

​New ETF Update​: BlackRock suddenly modified its ETH spot ETF application documents to add a clause 'allowing staking', which is equivalent to giving ETH a 'turbocharger'.

3. Exclusive Operation Strategy by Master​
Do you remember that 'false breakout' on May 27? It also spiked to 2521 before quickly dropping to 2450. Today I have prepared two scenarios:

  1. ​Breakout Scenario​: If it holds above 2521 for over 2 hours (and trading volume > 50,000 ETH), enter with 50% position at current price, set stop loss at 2500, target 2580-2600.

  2. ​False Breakout Scenario​: If it plays 'sudden drop' again (rising then falling below 2500), go short to hit the 2450 support level, but remember to set a stop loss at 2515.

​​Bloody Lessons​​
Absolutely do not learn from my follower 'Tender Leek Xiao Wang' — last week he heavily bought long at 2518 without setting a stop loss, and ended up getting liquidated at 2480. Now he keeps posting in the group 'All in is great, keep going all in!' meme...

4. Life and Death Showdown Tonight

It has been 12 hours since the Federal Reserve's decision, and this 'drama queen' ETH is about to reveal its true colors! Key observation:

Will there be 'ten thousand contracts' at 2521?

Will MACD show a 'water crossing golden cross'?

Is the ETH balance on exchanges continuing to decrease?

Opportunities to make money are always there; it just depends on whether you seize this opportunity. However, the prerequisite is to learn to identify technical and fundamental principles as the basis for building positions. If you don't know how to differentiate, you can follow Master’s homepage, where I will teach you step by step!