ETH Mining Blood Pack, 1.83k Defense Line Crumbles
The purple box in the chart shows that 1.83k has resisted the crash three times, but the rebound height has collapsed sharply:
Last week 1.92k → The day before yesterday 1.88k → Today only 1.85k
Bulls are barely hanging on! Last chance for a charge!
Life and death line: 1.80k nuclear explosion point
Below 1.80k, $480 million in short positions piled up (on-chain correction data), breaking this will trigger an algorithmic sell-off straight to 1.75k!
The yellow line (7EMA) and purple line (30EMA) have crossed at 1.85k, locking the throat, this morning’s long upper shadow (top of the purple box) confirms the main force's trap for inducing longs!
News nuclear bomb confirmed within 24 hours
Federal Reserve Governor Waller stated early this morning that “rate cuts require sustained cooling of inflation”, the Nasdaq flashed 2.1%
The giant whale 0x7a9...3f1 swept up 117,000 ETH ≈ $215 million in three hours, densely traded at 1.83k-1.85k! The truth behind Vitalik's transfer: 37,000 ETH is actually for the migration of staking contracts verified by Etherscan, the big player took the opportunity for a bloody washout!
L2 collapse has caused ETH mainnet staking annualized yield to soar to 4.0% according to StakingRewards in real-time, the giant whale is both smashing and hoarding!
Operation target point rules: Spot traders must defend 1.83k, if it breaks 1.80k, cut losses immediately; contract traders set up longs at 1.85k with a stop loss at 1.815k; options protection buying $1,900 call options to guard against a single-day surge of $300.
Core logic: The giant whale's cost is locked at 1.83k-1.85k, if it breaks 1.80k, immediately turn bearish and ride the waterfall!
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