ETH Market "False Volatility"? There Might Be a Potential Big Move Behind It!
Brothers, has ETH been making you frustrated lately? It can't go up or down, the price seems stuck around 3690, moving sideways more steadily than a crab. But you should know, the more stable the place, the more often it hides explosive energy!
First, let's look at the trend.
ETH rebounded to 3857 and then started to pull back, now stuck around 3690, the 4-hour candlestick chart is moving like a cha-cha with "bullish and bearish exchanges", the short-term direction is unclear. This sideways movement, familiar? It's usually a sign of accumulation — but the question is, will it go up or down?
There are signals in the details:
The MACD energy bars are getting shorter, indicating a weakening bullish momentum;
The RSI has dropped back to the middle position, and buying pressure is starting to hesitate;
Trading volume has noticeably decreased, indicating both bulls and bears are "staying put"...
This feels very much like waiting for an "explosion point"!
I've marked the key price levels for you:
The lower level of 3610 is crucial support, where a lot of large funds may be lurking;
The upper level of 3750 is short-term resistance, and once it gets close, the market makers might take action.
But the most critical point is: this is not the market dying, it's someone waiting for the right moment to flush you out!
If you can't see the direction either, don't panic. I've been using a rhythm strategy lately that specifically targets this type of volatile and deceptive market, and the accuracy is quite high.
Is the market going to break through or is it a trap? The next golden buying point might just be a candlestick away.
