BlackRock ETF inflows plummet 82% - Ethereum bulls are on their last breath!
2568 is the lifeline for bulls and bears, while $ETH is a high-wire act!
Current market:
Awkward position: Current price is stuck above $2500, just a step away from the key resistance at 2568, but has seen three consecutive 4-hour candles peak and retreat, as if pressed by a 'ceiling'.
Indicator alerts:
Bollinger Bands are tightening, price is struggling close to the upper band, volatility has dropped to a monthly low.
MACD red bars continue to shorten but have not turned green, bulls are gasping.
Fibonacci chip analysis shows: 2470 is the strong-weak dividing line, with vacuum support below reaching down to 2390.
Today's sudden variables:
1. ETF fund anomaly: BlackRock's $ETHA saw a net inflow drop by 82% last night, institutional willingness to chase higher has weakened.
2. Whale pressure: On-chain monitoring detected a giant selling 32,000 ETH at orders between 2550-2580.
3. BTC drag: Bitcoin failed to stabilize at 67,000, accelerating fund diversion to altcoins.
Victory Brother's prediction:
Trap for bulls: The main force is repeatedly testing 2568 to create a false breakthrough, while secretly offloading. Beware of the European session this afternoon; if it cannot stabilize above 2550 with volume, it may trigger a chain reaction down to the 2460-2430 range.
True breakthrough opportunity: Two conditions must be met: ① 4-hour trading volume surges by over 50% + ETH/BTC rate breaks above 0.052.
Extreme black swan: SEC suddenly raids staking agreement regulation, breaking below 2330 triggers panic selling.
Practical strategy:
For holders:
Reduce position by 30% at current price to lock in profits, raise stop-loss for remaining position to 2465.
If it breaks above 2568 and holds for 2 hours, replenish positions.
For observers:
Abandon chasing higher, place orders at 2385 to ambush long positions.
Chase up on the right side if it breaks above 2590.
The last breath of bulls is dissipating! If today's candle closes as a hammer, beware of an 8% bloodbath storm!
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