Crypto buddies! Tonight is destined to be sleepless! Ethereum (ETH) just staged a stunning reversal, surging 5% in 24 hours, directly breaking the key resistance level of $2560! Is this sudden surge a lure by the main force or the trumpet of a bull market? Let’s analyze the latest news and technical aspects!

1. The truth of the surge: Three major bombs ignite the market!

  1. Institutions bottom-fishing, ETF currents stirring
    According to on-chain data, giants like Grayscale and BlackRock have recently been continuously increasing their ETH holdings, with net inflows exceeding $1.2 billion in the first week of July alone! Even more explosive, the US SEC may approve the first Ethereum spot ETF in mid to late July; once it materializes, trillions of dollars will flood in, directly igniting the bull market!

  2. Technical counterattack, V-shaped reversal staged
    From the chart, ETH formed a 'golden pit' near $2400, and bulls took the opportunity to surge violently! The 4-hour MACD golden cross + Bollinger Bands expansion, RSI broke through the neutral line of 50, short-term bulls are dominant! More critically, ETH broke the downward trend line that lasted for 3 months, which is a textbook-level 'trend reversal' signal!

  3. Federal Reserve rate cut expectations, funds flooding into risk assets
    Last night, the US June non-farm payroll data was surprisingly low, with only 147,000 new jobs added, far below expectations! The market bets that the probability of a Federal Reserve rate cut in September has soared to 80%! The US dollar index fell in response, and cryptocurrencies like Bitcoin and Ethereum became safe havens for funds, with ETH breaking through the psychological barrier of $2500!

2. Will it drop back? Key levels revealed!

Short-term view is a pullback, mid-term view is a breakout!

Support level: $2500-2550 (daily MA7 + Fibonacci 0.618 retracement), if it breaks, it may retrace to $2200.

Resistance level: $2640 (weekly resistance), once broken, it will target $2745 (Fibonacci 1.618 extension)!

Beware of two major risks:

  1. False breakout trap: If ETH cannot hold above $2560, we may see a 'pinning' market, luring in buyers before a crash!

  2. Macro black swan: If the US July CPI data exceeds expectations, the Federal Reserve may delay interest rate cuts, potentially triggering a short-term pullback in the crypto market!

3. How should retail investors operate? Three-step strategy to profit! K-line judge: Painful experiences of being tortured by the market!

  1. Light position trial: Buy lightly near $2550, set stop loss at $2500, target $2650!

  2. Breakout position addition: If ETH's closing price breaks $2560, decisively add positions, targeting $2745!

  3. Hedging risks: Allocate some USDT stablecoins to prevent extreme market conditions!

4. Expert debates: Is $2800 within reach?

Bullish camp: Technical expert 'Crypto Whale' insists that ETH's weekly chart has formed a 'cup and handle' pattern, and once it breaks through $2745, it will initiate a main upward wave, with $3000 being just the first target!

Bearish camp: Analyst 'Bear Big' warns that the current ETH market value exceeds $300 billion, and if it cannot break through the historical high of $4800, it may repeat the 2021 'double top' tragedy!


Precise strikes, segment is king! The K-line judge team lays out strategies in private, helping you use low-leverage contracts to firmly grasp the market starting point, igniting the asset doubling engine!#突破交易策略 #美国加征关税

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