$ETH Whale Throws 11,000 Coins at Coinbase! Is an 18% Plunge Just an Appetizer?
The MACD underwater death cross is the Air Force's password, and the shrinking rebound is the whale's bait—when ETH is at $3857 and the hometown folks say don't run, the old investors all understand: the dance at the edge of the cliff will eventually fall!
1. Technical Aspects: Three Guillotines!
1. Moving Averages: MA5 (1.266 million hands) and MA10 (1.198 million hands) suppress into a downward continuation flag.
2. MACD Death Zone: The dual lines cross below the zero axis with DIF less than DEA, and the MACD bars plunge straight down—submarine sinking signal!
3. Volume Trap: The dump volume is 1.327 million hands (over MA5 by 5.3%), with the rebound volume sharply shrinking to 970,000 hands.
2. Latest News Trio!
1. ETF Death Sentence: SEC postpones BlackRock decision to September 5, Grayscale ETHE premium rate drops to -13.2% (historical low point).
2. Ecological Avalanche: Cancun upgrade delayed to the end of Q4 (at least October), OP plummets 14.2%, ARB drops 18.1%, DeFi liquidation pool reaches $210 million.
3. Whale Hunting: 0x8c4 address has a sell order of 22,000 ETH at $3960—profit crushing dump!
4. On-chain Capture: A whale reloads 11,000 ETH to Coinbase.
Note! When whales set up Gatling guns at $3857, and the upgrade becomes 'See you next year, you know what to do—
I am Tang Seng, top technical support, serving only those with ambition and vision!
