#以太 Risk Warning: 2525 is the Line of Life and Death 🔥🚀
ETH is facing strong resistance between 2525-2545 USD, which is constrained by the upper Bollinger Band on the daily chart and is also a zone of high concentration on the weekly chart. If it cannot break through with volume within 48 hours, algorithmic sell orders may crash the price, with an average decline of 12% after three unsuccessful tests in history.
2525 USD is the level where institutions are trapped; a failure to break through could trigger a sale of 200,000 ETH; 2545 USD is a densely packed area for long positions, and breaking through this level could trigger 500 million USD in liquidations. Below, 2400 USD serves as strong support on the weekly chart, while 2300 USD is the extreme panic point.
The current volatility index for longs and shorts has surged to 95, suggesting waiting for a breakout to chase the price or stay on the sidelines; the risk of going long at this moment is extremely high.
If you have already made a move, keep faith in Yan Ge, let's go!!