Brothers, don't sleep tonight! A real big market is just a few hours away!
Bitcoin and Ethereum have been holding back for a whole week; now it just needs that last push. Will Bitcoin break 120,000, and will Ethereum break 3900 and charge towards 4000+? The answer lies in tonight's U.S. core PCE price index at 20:30!
To put it bluntly, this is not just an ordinary data release—this is the Fed's 'liquidity switch', the 'life button' for global risk assets, and it's the critical point for your account to either 'get rich or suffer losses'!
The ETH chart has already given sufficient signals before the action. Major funds are stirring in the background, the bears haven't reacted yet, and the bulls are gaining strength...
While you are still watching, others are already preparing to buy the dip or short!
Old Zhu has been staring at the 4-hour K-line charts for Bitcoin and Ethereum all day. To be honest, this trend is very exciting.
What you're seeing now isn't normal volatility; it's the dead silence before the storm.
Let's clarify the K-line structure first: this is not a peak; it's about to explode!
The wave of increases for Bitcoin and Ethereum that began in mid-July is already clear: after reaching their respective highs, they continued to consolidate, repeatedly washing out positions, forming a standard box pattern in preparation for a breakout.
You think this is a high point where no one dares to act? Wrong!
Real major players never chase high prices during bullish candles but silently accumulate positions during consolidation.
Although the last two days have been slow, the lows continue to rise, indicating that the chips haven't run away but are instead being accumulated at lower prices!
Tonight at 20:30—the decisive hammer that will determine life or death!
The U.S. core PCE data for June is coming soon; it's the Fed's favorite inflation indicator, regarded as the 'steering wheel of monetary policy'.
If the data is below expectations: inflation cools down, and the expectation of a rate cut in September skyrockets, ETH will surge directly, with 3900 becoming irrelevant, and 4000+ being the next stop!
If the data is above expectations: Don't panic! At most, it will retrace to the 3700 support; after a washout, it will still rally. But be cautious, as there will be sudden drops and volatility, with sentiment swinging dramatically!
Old Zhu's operational mindset + practical advice:
Here comes the advice you wanted; I'm not holding back!
Bullish thinking: This is not the time to go all in; it's time to watch the market and prepare to 'make a move'! If tonight's data is slightly favorable, once it breaks through the 3880-3900 resistance zone, you can chase longs with a small position, targeting the 4000-4100 range.
Air Force thinking: If the data explodes (inflation goes through the roof), falling below 3750 in the short term will make short selling effective. But don’t be greedy; the major funds may fake a drop to pull back! A retracement around 3680 would actually be a chance to rebuild longs.
Defensive strategy: Before the data is released, try to keep positions light and leverage low. The changes in volume and sentiment after 20:30 will be the most critical decision-making reference!
Old Zhu's view: This isn't a question of rise or fall, but a question of controlling the rhythm!
This wave of the market is like an arrow drawn back to the limit; the key is whether it will be released tonight! Whether up or down, the major funds have already given signals—the direction of ETH will be determined within these 48 hours!
To put it bluntly, you're not guessing the direction, but learning to 'profit at the first moment after confirming the direction'. That's what a master should do!
Can we make a big profit in the next wave? Just watch the first reaction tonight!
Old Zhu has prepared charts, data analysis, and will monitor in real-time. Once the data is released, operational signals will be sent out immediately!
Remember to like and follow me. Tonight's market may cause ETH to experience the largest fluctuation of the month. We won't be the 'leeks' that get harvested, only the 'veterans' who profit!
Tonight at 20:30, let's not miss each other!
