ETH Awakens from Its Slumber! The 4-hour chart hides the key to breaking the deadlock; I bet it will wash away the shorts! Attention crypto enthusiasts, ETH's struggle at the 2500 mark is not just a shakeout, but a frenzied buildup before the storm! While you are still fixated on the K-line, I have peeled back the market to reveal signals that could overturn perceptions!
The BOLL cage is about to burst! Look at this BOLL band, the upper and lower bands are tightening like a meat grinder: the upper band at 2612 is pressing down hard, and the lower band at 2468 is propping up the price, which is stuck at the middle band of 2514 in a mad game of chance. What's even more critical is the moving average squeeze; the 7-day EMA and 30-day EMA have just completed a "death cross" and are now entangled, signaling the battle between bulls and bears! Also, look at the MACD; although the green bars are spilling over, the gap between DIF and DEA is visibly narrowing, as if the shorts are about to run out of bullets, leaving only bluster behind!
The whales are making a switch! Last night, on-chain data exploded; an anonymous whale transferred 37,000 ETH, and net outflows from exchanges hit a new high for June! This is not panic selling but smart money betting on a breakout! While retail investors are still tangled in the question of whether to rise or fall, the big players have already cast their votes with real money: ETH's next stop is definitely not something that can be contained at 2500!
The seeds of a bull market are spreading rapidly! The Fed's rate cut expectations are fermenting early, the NASDAQ has skyrocketed to a new high, and the risk appetite in the crypto market is at an all-time high! More importantly, the L2 ecosystem after Ethereum's Cancun upgrade continues to explode, with TVL surpassing 100 billion dollars! As the core engine of DeFi and NFT, ETH's value logic is even more hardcore than BTC; if it doesn't rise this time, it would be unjust!
ETH must break 2650! Those who have been shaken out of the market, don't wait until it soars to the sky to regret it! Click to follow me now; my on-chain movements will provide precise entry signals as soon as the BOLL upper band is torn apart!
Remember, there is only one survival rule in the crypto world: follow the right people, hit the right points, and reap the big rewards! If you don't hold onto my leg now, when ETH surges to 2800, you won't even see the brake lights!
