Boom! ETH Bollinger Bands strangle at $64.5 → 2432 detonators are in place!
The core viewpoint of Jinzhu is here:
Currently, it's a deadlock of blood on the knife's edge for bulls and bears! #ETH 's market details prove this:
2432.00 and 2432.14 are just 0.14 dollars apart! This price difference is hardly enough to wedge in a gap, indicating that bulls and bears are already face to face, fighting with knives at 2432.
Buy orders of 50.2 ETH vs sell orders of 50.1 ETH seem like decorations, all are fragmented orders of 0.01~0.05 ETH flooding the screen—no large funds entering, purely retail investors cutting each other!
The deadly point is that technical indicators are flashing red:
The Bollinger Bands have narrowed to the extreme, with the upper and lower bands at 2471.92 and 2407.43 being today's lifelines! The channel width is $64.5, but after the same pattern in the last 7 days, the average explosive rise/fall is $102!
The MACD death cross has expanded the green bars to -13.45, and the DIF is being held down firmly by the DEA—there's an 87.5% probability of a trend reversal within 6 hours in the last three months! Once the direction comes out, it will definitely be a bloody storm!
In terms of strategy, I only trust real money:
1. Conditions for going long: Must violently break through the selling pressure wall at 2432.14, safely passing through 2450 with volume. June 21 had the same script, pulling up $100 in 4 hours!
2. Conditions for going short: Smash through the buying wall at 2432, heading straight for the lower Bollinger band at 2407.43. Think about the tragedy of a 7.3% drop within 12 hours after breaking on June 17!
3. Sneaky ambush positions:
Long trap: Place limit orders at 2410-2415
Short sniper: Set a breakthrough short at 2465
Ultimate command:
Now lie flat! Do not exceed 10% of your position, wait for the direction to come out before revealing the knives!
Lock stop-loss at 2410! If it breaks, cut it, don’t get sentimental with the market!
Chase the rise when breaking 2450! If it stabilizes, it’s a short squeeze, charging towards 2471 to blow up the shorts!
Short when breaking through 2415! Directly look at 2407 to pick up the bullish corpse!
Twelve years of financial journey, exclusive secrets of a pioneer in the crypto world: Insight into the market, steady progress, pay attention to Jinzhu to learn how to steadily appreciate value. Risks and opportunities coexist in investments; blind operations are a big taboo in the crypto world!
