Long and short dual kill wash day, whales press orders to grab funds' - This morning ETH walked the tightrope at $2600, giving everyone a practical lesson in the crypto market. Trump's remark 'Powell should step down' ignited the market, with BTC leading the charge, yet ETH played psychological warfare at $2604. Don't rush, Sister Chan uses three sets of hardcore data to dismantle the main force's tricks.
Three consecutive hits on the news front
Trump's Nuclear Strike: Truth Social blasts 'The Federal Reserve Betrays America', the probability of interest rate cuts in September soars to 72%, hot money floods into the crypto market.
Powell's Tai Chi: In a congressional speech he said 'inflation is stubborn but policies can be adjusted', seasoned investors understand at once - the interest rate cut on July 31 is imminent!
Institutions openly signaling bottom-hunting: Grayscale's holdings increased by 4.5% in one day (on-chain solid evidence), BlackRock's ETF is delayed but updates trust documents, big crocodiles have already taken action.
Dark battle on the market: three fatal details
2604 Dollar Battleground:
Sell wall firmly defends 2604.50-2604.56 (pressing order iron cap)
Buy orders surge at 2604.42-2604.44 (main force accumulates)
→ Classic 'pressing orders intimidation technique', specifically designed to deceive retail investors into trading with bloodied chips.
2500 Dollar Paper Tiger:
Orders jump straight from 2500 to 2600+, with no real sell orders below 2500 (ironclad evidence of the big players protecting the market).
Needle stabbing revealed:
Morning session 2604.01-2604.41 high-frequency fluctuations, together with $120 million liquidations, the main force feasts on leveraged corpses.
Guide to trading with big players
History Repeats: A similar sell signal appeared at ETH 2850 in May, followed by a 35% surge!
Breakthrough Strategy:
2604.3 current price ambush, stabilize at 2605 to increase positions → target 2630/2650
Golden Pit Tactics:
Place a buy order at 2593, stop loss if it breaks 2588
Life and Death Line Warning:
Leverage = a year-end bonus for the big players! $2600-$2610 was just blood washed last night with $120 million.
Today's Three Signal Lights
Powell's Night Talk: If he hints at a rate cut, ETH will launch like a rocket.
Whale's dinner countdown: On-chain captures a certain address frantically sweeping 260,000 ETH (worth $676 million), such operations will definitely pull up the market within three days!
ETH/BTC Exchange Rate: Breaking 0.052 (currently 0.0518) will trigger a capital switch, with $3000 in sight.
Sister Chan's Key Insight:
'The sell wall is a puppet show by the big players, Trump is the charge of the main force' - The longer ETH lingers at 2600, the harder the explosive rise will be. Those pressing sell orders? Just a curtain covering the ammunition depot!
Focus on convergence, update tomorrow at 8 AM (three major flaws in whale accumulation), help you see through the big players' hidden cards at a glance!