Retail investors grab 48,000 addresses to charge forward, a giant whale at $ETH buried 31,000 bombs at MA200!
When a 6% surge ignites retail FOMO, the transfer records of on-chain giants are filled with escape codes—Is it a breakthrough starting point or a bull market grave?
Remember! The candy-coated shells given by the main forces only shatter the coffins of the chives!
1. Three fatal flaws in technical indicators!
1. MACD golden cross becomes a death symbol: DIF:14.39 - DEA:11.22 = 3.17 difference, insufficient momentum with yesterday's average at 40%.
2. In terms of volume: MA5 death cross MA10 actual transaction of 1.71 million pieces only accounts for; MA5→ 71%; MA10→38.8%
3. The MA moving average system presents a bearish arrangement: 30-minute chart MA50 crosses down MA200 forming a "death triangle" precisely suppressed by MA200, unable to break through for 7 consecutive K lines.
2. The latest on-chain news has three major mountains!
1. BlackRock's ETH ETF (ETHA) has accumulated $5.31 billion with a low fee rate of 0.25% (accounting for 132.4% of the market's net inflow), with a single-day maximum inflow of $160 million.
2. A certain whale transferred 960 ETH to Binance 7 hours ago, partially taking profits with a return rate of 29.4%. This address built a position with an average price of $1,903 in March, with 1,974 ETH still floating with a profit of $1.126 million.
3. Institutional undercurrents: Galaxy Digital has cumulatively increased its holdings by 139,476 ETH through over-the-counter (OTC) trading, avoiding public market impacts and signaling long-term holdings.
I am a math guy, top technical support, only serving those with vision and ambition!