6.21 ETH Practical Analysis
ETH performed a cliff ballet at $2428, with a chasm of $2400 below and 106 ETH guillotines hanging overhead, bearish knives flying!
Market Death Triangle
Technical Suffocation
Price tightly adheres to the lower Bollinger band at $2537, with the middle band at $2458.99 acting as a hard ceiling, rebound space ≤ 1.2%. MACD death cross deep dive, green bars continuously increasing, the bearish breathing machine has been unplugged!
5 consecutive tombstone lines: the highest test at $2453 was immediately smashed down, proving that anything above $2450 is a grave.
Capital Slaughterhouse
A sell order of 106.6 ETH at $2428, equal to a clear warning: "Those who cross the line will be executed!" Bullish defeat: only 49.8 ETH buy orders at the $2400 level to defend, the defense line is as thin as paper.
News Three Knives
Institutions cutting losses: Grayscale ETHE negative premium hits a new high.
Miners betraying: f2pool accelerating liquidation. SOL bloodsucking: TVL daily increase changed from 9% to a phenomenon description.
Blood Battle
Lessons learned from the 1.8 billion liquidation corpse pile
Desperate counterattack iron law:
Volume breaks through $2459 and instantaneous transaction > 5,000 ETH. MACD green bars turn red + fast line turns.
Death line: fall below $2400 and fail to return within 15 minutes, escape immediately! Target $2363.88.
Corpse picking technique: place limit orders in the $2360~$2380 range, position ≤5%, otherwise wait for the corpse to stiffen!
Follow me to see through phenomena to the essence, together we will traverse bull and bear markets.
Intraday focus: BCH BTC ETH FUN