Cause of the crash: Tariff black swan + technical death cross

News nuclear explosion: Last night, global markets were suddenly hit by a tariff storm! The US will implement floating tariffs of 10%-70% starting August 1, negotiations on Swiss drug tax exemptions are pending, coupled with the approaching life-and-death line of the US-India trade agreement on July 9. Policy uncertainty triggered a panic capital withdrawal, and ETH, as a high-risk asset, was the first to be hit. Coinciding with the thin liquidity of the US Independence Day holiday, million-dollar sell orders instantly broke through the critical support at 2550!

Technical stranglehold: MACD has long issued a death signal - DIF crossing below DEA forming a death cross, green momentum bars continue to expand. Price triggered algorithmic selling after breaking the 2550 neckline, the dense liquidation zone around 2367 marked "explosion" in the chart triggered a massacre of longs, resulting in a waterfall decline.




Three key signals for stabilizing at 2513

MACD downtrend weakening: The current green momentum bars are starting to shrink, bearish power significantly weakened

Weekly level strong support: The 2500-2510 area is the starting platform for the 2023 bull market, with a historical turnover rate of 4.8 million ETH

Futures funding rate turns negative: After the crash, perpetual contract rate dropped to -0.023%, bears need to pay daily, risk of forced liquidation surges

Key discovery: On-chain data shows a giant whale order of 32,000 ETH near 2350, suspected institutional accumulation!


Future battle roadmap

Short-term script
Defense level 2500: If the daily closing stabilizes at 2513, buy in batches, target 2580
Breakout stop-loss signal: A significant drop below 2480 requires decisive exit

Key for mid-term counterattack
Breakthrough 2550 neckline: After filling the gap, the head and shoulders bottom reversal structure will be activated
Ultimate target 2635: Two conditions must be met

US-India trade agreement reached before July 9
MACD golden cross and breakthrough zero axis

High-profit opportunity alert: If the tariff details are lower than expected, along with new developments in ETH ecosystem ETFs, a retaliatory rebound is likely to ignite!

Big D operation strategy

Ultimate warning: Before the tariffs take effect on August 1, be sure to keep 50% cash position! The current market is like licking blood on a blade; strict stop-loss is the way to survive.

$ETH
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