Is ETH about to wash out the market? Explosive signals at 3900 dollars are revealed.
I must remind everyone that when ETH reaches 3900, the short liquidation intensity on major exchanges will hit 1.562 billion. This is not an ordinary liquidation but a collective collapse of leveraged funds!
Liquidation intensity is not about the amount; it is the fuse! The higher the intensity, the more concentrated the leveraged funds at that price level. Once it breaks through, it’s like igniting a powder keg. After the 3900 short stop-loss orders are triggered, the automatic liquidation program will buy frantically, pushing up the price and forming a 'death spiral' of 'short-killing shorts'!
With the network upgrade and expectations of ETF approvals stacking up, once the resistance area at 3900 is broken by trading volume, it will directly open up space above 4000 dollars!
If you see 3900 broken with volume now, you can follow in lightly; if 3700 dollars is lost, tighten stop losses immediately!
Is SOL about to explode the crypto market? I dare say 99% of people still don't understand this epic market movement!
Currently, SOL has surged nearly 20% in the past ten days. I can tell you for sure, this is just the beginning!
The Solana network has had 15 months without downtime, with an average daily trading volume of 162 million transactions crushing Ethereum, and a transaction fee of 0.1 cents is considered an industry miracle!
Canada has taken the lead in launching four SOL ETFs with staking features. The approval rate from the US SEC is rumored to be 90%—the script of Bitcoin ETF surging 50% after approval will play out again for SOL!
The daily chart shows a bullish flag pattern + RSI strongly breaking above 50, with the 50-day and 200-day moving averages about to form a golden cross! On June 25, the short positions liquidated over a million dollars in one day, while the longs increased by 285,000.
I dare to assert that once it breaks 190, along with a MACD golden cross and volume, it will directly challenge historical highs!
If the price stagnates after ETF approval, be careful of profit-taking causing a crash! In the long term, ETFs will attract institutional funds, pushing SOL to transform into a mainstream financial asset, but in the short term, you must keep an eye on the support level at 157, and stop losses immediately if it breaks!
Now immediately pay attention to the Federal Reserve's July decision and SEC approval dynamics. If these two favorable factors stack up, SOL will start a major upward wave!
I need fans, and you need references. Guessing is not as good as paying attention.
