The current ETH price is firmly holding around $3600, with three dips to the strong support at $3600 during the day, bouncing back like a spring. Tonight is destined to be bloody—U.S.-EU tariff negotiations enter a life-or-death 48 hours, and Trump has hinted that he may not rule out further sanctions. Smart money has already sensed the bloody smell before the storm; a counterattack battle is quietly being laid out!
I. Why is 3600 the line between life and death? The alarm for whale liquidation has been sounded.
The liquidation powder keg is about to explode: On-chain data shows that a certain whale is heavily long at 3700, currently facing a floating loss of nearly $3 million, with the liquidation price set at $3654.77! If it falls below, a selling pressure of $30 million will instantly crash the market, but if it can hold, shorts will face a counterattack.
Institutions are guarding key levels: Ethereum's TVL surged 36% in three weeks, with $78.2 billion forming a protective moat, and DEFI giants are crazily accumulating.
The options market is surging: Unsettled call options contracts have soared to $14.07 billion, with a long-short ratio of 2.57, setting a new high for the year. Big players are betting that tonight will determine the outcome.
Old Zhao's tips for watching the market:
Whale liquidation price = retail investor bottom signal! Keep an eye on the on-chain liquidation map. When the area of forced liquidation overlaps with a key price level, it's the moment of battle between bulls and bears—follow the right direction and make money!
II. Could the tariff black swan actually be a catalyst for the bull market? The historical script is already written.
Do you remember May 24? Trump announced a 50% tariff on the EU, and Bitcoin instantly plummeted by $3000, with $500 million in leveraged positions evaporating. But the plot took a dramatic turn—three days later, BTC violently rebounded to a new high! History always seems remarkably similar:
Panic selling = main force washout: Trading volume surged by 313% during the crash, and retail investors' liquidated positions were fully absorbed by institutions.
Geopolitical conflicts push funds into crypto: If the EU faces tariff blows, safe-haven capital will flood into BTC/ETH. Goldman Sachs data shows that during the last trade war, capital inflow into the crypto market surged by 47%.
Tonight, keep an eye on two nuclear bombs:
1. 22:00 EU announces countermeasures against the U.S. (reportedly involving digital taxes)
2. 03:00 AM Emergency meeting of the Federal Reserve (may ease to hedge risks)
Old Zhao's tips for watching the market:
Buy on divergence, sell on news! When the tariff news lands, regardless of whether it's good or bad, first close half your position to lock in profits—buy the dip after a crash and sell on good news to double this year's returns!
Those who follow me know: Last week, I was criticized for calling a short at 3600, and ETH dropped to 3550; a few days ago, I bought at 3580, and now I'm just counting money—at the turning point of the market, you need a comrade who dares to speak the truth!
ETH below 3600 may be the last train for the bull market to pick up passengers. Will you get on? Follow Old Zhao for daily strategies and know in advance #以太坊突破3700 $ETH .
