6.27ETH Today's Market Analysis
2435 is the meat grinder for bulls and bears, BlackRock's black swan looms overhead! A shrinking rebound is full of pitfalls, tonight's PCE will determine life and death!
Three trump cards to see through ETH
Life and Death Position
Current Price 2437.08 sticking to the Bollinger middle track 2435.83, 1 dollar decides the universe!
Upwards: Bollinger upper track 2482.05 is pressing down, 2480+ has accumulated 3 months of trapped positions, a breakthrough requires explosive volume >100k VOL
Downwards: Bollinger lower track 2389.61 is the bottom line, a break will trigger panic selling down to 2300!
Technical Tricks
MACD Deadlock: Fast line stuck below the slow line, green bar -1.21
Volume Impotence: Four consecutive K lines with VOL < 800k, the market maker is burying mines with sideways movement!
Bloody Lessons: On June 15, a similar shrinking volume stuck at the middle track faced a grayscale sell-off, plummeting 10% in a single day.
Today's Nuclear Bomb List
BlackRock Nuclear Explosion: SEC delayed ETH ETF approval last night, a giant whale has transferred 120k ETH to Binance
Miner Rebellion: Lido staking APR dropped to 3.2%, on-chain computing power plummeted 8%
Gas Trap: Uniswap's early session saw gas prices at 200 gwei, highly suspected of wash trading!
Long Conditions:
Breakout volume above 2440
Target 2460
Stop Loss 2420
Short Signal:
Break below 2430
Target 2400→2389
Stop Loss 2450
Lifeline Rule:
Before MACD golden cross/PCE data, position ≤5%!
The Final Truth
ETH is now treading on the edge of a knife! The probability of a technical rebound is <30%, BlackRock's bearish outlook + miner dumping is a double kill, keep 80% of your bullets waiting to buy the dip at 2300, don't be lured by the market maker's traps!
Follow me to see through the phenomenon and look at the essence, let's traverse the bull and bear market together.
Intraday Focus: SAHARA HSK ETH BSW
