The triangle has narrowed and is loaded! Tonight, Trump's negotiations may trigger the ultimate strangulation of ETH, reminiscent of the May 3673 spike incident?
ETH is once again at a "critical moment."
The current price is operating within an extremely converging triangular structure, and a directional choice is imminent, with the tipping point likely to be tonight's critical negotiations with Trump!
Why say “strangulation is imminent”?
From a technical perspective, ETH has entered an extreme convergence structure:
The price highs and lows continue to narrow, with MACD hovering around the zero axis; once volume increases, it will be a breakout signal;
After three consecutive bearish days on the daily chart, the lower support has not been broken; the concentration of positions is extremely high, and the main force is waiting for news to stimulate directional release;
RSI and Bollinger Bands are compressing in sync, and trading volume continues to shrink, with the release time window approaching.
Review: On the day of the tariff threat in May, ETH flashed crash spike to 3673, instantly blowing up 80 million in leveraged funds!
At that time, it was also a combination of impending news and technical convergence, with the main force exploiting the emotional mismatch for a deadly strike.
A similar rhythm may reappear tonight; if Trump’s speech stirs up waves again, ETH may replicate the spike and cut scenario.
What strategy to adopt now?
The range game phase is nearing its end; it is not recommended to heavily bet on a rebound at the tail of the triangle;
Pay attention to the 3500-3550 support; if effectively broken, it will be seen as a confirmation of a breakout, with short-term risks of a sharp drop;
If volume breaks through the upper track at 3730, then this round of adjustment will end, and the main uptrend will begin, targeting 3900+.
The market has entered a "critical point"; it’s not the bold who win, but those who accurately grasp the rhythm survive and reap the rewards.
Want to know how to layout tonight, where to defend, and where to increase positions? Come find me, and I will tell you how to be the one who harvests in the spike strangulation!
