The endpoint of the triangle convergence meets the ETF black swan, before the knife of ETH falls, the main force is still grinding the stone for the last three strokes!

Fatal knife from the news

  • ETF document re-submission confirms: The S-1 document modified by BlackRock clearly removes the staking clause, meaning that even through ETF, institutions cannot profit from staking. Equivalent to buying a house without a property certificate, large funds will directly shut down!

  • Whale sell-off detail correction: The actual sale was 32,000 ETH split into 5 orders (the sell-off area in the chart has 31,000 ETH stacked between 2450-2500), not an instant sell-off, but a precise trap.

Technical key level

  • Resistance level: 2300 (marked in purple as 'resistance' in the chart + Fibonacci 38.2% at 2285.79)

  • Life and Death Line: 2218.98 (23.6% retracement level)

  • MACD Trap: The value 14.96 is below the zero axis, forming the prototype of the 'Underwater Dead Cross' (more dangerous than a false rebound)

Personal opinion: The main force buried 18,000 ETH support orders above 2218.98, but this is a typical 'paper support order'—similar tactics were used last night when 2280 was broken through, with 90% of orders canceled within 2 minutes!

The bloody and tearful experience of the tycoon

The sequel to the fan 2270 bottom explosion incident: Last night he thought 2218 was the iron bottom, and at 2218.98 (accurate to the minute!) added to his position to average the price, but the price dropped to 2218.20 and then plummeted. Remember: The main force specializes in killing the integer belief party!

Tycoon Death Triangle Operation Guide

Spot players

Order correction: Receiving at 2218.98 (position ≤ 5%), unconditional stop loss if breaking below 2215

Take profit strategy: Reduce position by 50% at 2285.79 (precise Fibonacci level)

Contract Life and Death Gate

Current price 2247.83: Only short positions, do not chase shorts, entry point 2280-2285 (stop loss 2300.01)

Nuclear button trigger condition: Volume breaks below 2218.98 + MACD turns green, short target 2150

Soul Crit: The endpoint of the triangle convergence in the chart (yellow and purple line angle) will change by 10 AM at the latest!
Which faction are you a warrior of?
Bull Death Squad: 2218.98 has a limit order placed, betting on ETF reversal!
Bear Bomber: Waiting to short after breaking below 2215 with leverage
Onlookers: Opening a 100U lottery position to watch the show

Expose the main force's order cancellation loophole: Learn this trick, and fake breakthroughs in support orders will be your ATM! Live demonstration in the group! Want to dig deep in the crypto world but can't find direction? Want to quickly master the information gap? Follow and join the group! Real-time sharing of first-hand information and in-depth analysis, precise tips on buying and selling points, grasp the dynamics of the crypto world at the first time!