$ETH 2600 USD is a trap? The movements of the giant whale hide a deadly threat!
A strange signal has appeared on the chain: an old account has crazily dumped 82,000 ETH into the exchange, while the new giant whale has reversed and bought 51,200 ETH!
On the same day that BlackRock updated its ETF filing, the on-chain transfer volume of market makers surged by 37%—you should savor this operation! The technical aspect is even more exciting: the MACD indicator's red bars have extended to 28.54 (12% higher than the previous value), and the DIF line at 33.48 is rubbing the DEA line at 19.21 on the ground, but the two-hour chart has already reached the overbought critical point!
The most critical issue is the trading volume—currently at 8.07 million, which is 25% less than the five-day average of 10.75 million! The dealer is pulling up 2600 with reduced volume; there are bubbles all under this city wall!
The MA moving averages are even more strange: although the price stands above the 5-day and 10-day moving averages, the price of 2617 USD has already deviated by 1.1% from the 5-day moving average, which has flattened, and the slope of the 10-day moving average is also declining!
If you can't grasp it accurately and always chase highs and sell lows, feel free to come and chat. Like + leave a message, Brother Hu will take you on board.