How long it is horizontally and how high it is vertically, ETH has sharpened its knife for 3 days at 3500. Today's volume surge bullish candle is most likely a signal before the main force charges!

A Key Signal Interpretation of the Market

Violent Breakthrough of the Consolidation Box
From the attached image, it is clear that ETH consolidated in the 3524-3624 range for a full 18 hours from July 17 at 18:00 to July 18 at 12:00. This morning at 9 AM, there was a sudden surge in volume to 858K, far exceeding the 5-day average volume of 514K, and a solid bullish candle directly broke the 3624 resistance. This type of "breakthrough after consolidation with volume" is referred to as a "central breakthrough" in the theory of Chuan, which seasoned investors understand - breaking the center must accelerate!

Indicator Resonance Launch

Bollinger Bands: Price stabilizes above the upper band 3550, the mouth of the band is opening, a typical "opening to eat the market" pattern.

MACD: DIF 54.21 crosses above DEA 45.15, the histogram turns red again, a definite "in-air refueling" pattern.

Trading Volume: The 5-day average volume line crossed above the 10-day average volume line, indicating new funds are entering.

Second, Great Sage's Exclusive Viewpoint

Review of Market Maker's Washing Strategy
Yesterday, the whole network was buzzing about "A certain whale placed a sell order of 20,000 ETH at 3550, and as a result, when this bullish candle appeared today, the sell order was instantly consumed - this is clearly a script of the main force faking selling while actually absorbing! Remember the market movement in May, when ETH was consolidating at 3000, the same tactic was used: first, bad news was released to scare retail investors into cutting losses, then a violent rise occurred to make those who missed it chase the high.

Why is 3700 just within reach?
Observing on-chain data reveals:

Deribit Exchange: The max pain point for ETH options has moved up to 3700, the most profitable position for market makers.

Coinbase Premium: US institutional buy orders are 0.3% higher than during Asian hours, indicating that Wall Street is secretly accumulating.

News Assistance: Vitalik just tweeted about "EIP-4844 upgrade being moved up to early August", which is equivalent to giving ETH a turbo boost!

Operation Strategy Suggestions

Short-term 1-3 days:

Buy in batches if it rebounds to 3540 without breaking, with a stop loss reference at the middle Bollinger band 3450.

After breaking 3624, the first target is 3680, and the second target is 3750, the previous high neckline.

Medium-term Ambush Opportunity:
Focus on the SEC's decision on the ETH ETF, which is due by July 23. If approved, the probability of history repeating is very high - refer to last year's BTC ETF approval leading to a 40% surge!

Now there is only a thin layer of glass paper between us and ETH's main upward wave. Will you choose to wait until it rises to 4000 and then regret it, or will you align with the great sage now? Comment 1 in the comment section, and I will teach you step by step how to position yourself for this market in tonight's live stream at 8 PM! $ETH #以太坊连续两日领涨


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