ETH Life or Death at 2380! Will Tonight's GDP Ignite a Trend Change?
Currently, ETH is crazily stuck in the narrow range of 2380-2428, when will this wave of fluctuations end? Pay attention! Tonight at 20:30, the U.S. GDP data will be the trigger, and choosing the wrong direction could lead to a quick explosion!
The Bollinger Bands have quietly narrowed to the smallest in half a month, with the upper limit at 2428 and the lower limit at 2380. The MACD double lines are dead-crossed at -5.3, this technical setup is about to make moves!
A certain whale just withdrew 115,000 ETH from Binance, but only withdrew 82%? Coupled with the funding rate plummeting to -0.031%, the bears are clearly preparing a big move!
Here comes the key point! The life gate at 2380 is surrounded by three major moats: weekly support, 2 billion options' maximum pain point, and 3210 buy orders on Binance providing a floor.
But if two consecutive four-hour candlesticks break below 2375, or if Coinbase suddenly shows a sell wall of 8500 orders... then it could be a bloody storm~
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