Why did ETH plummet last night? It's all Trump's 'crazy moves' + technical death cross!
News: Trump 'schizophrenically' toys with the market!
'Non-Farm Payrolls Fraud' outburst: Trump suddenly went crazy in the early morning, cursing that the US non-farm data is manipulated, accusing the government of 'lowering data to embarrass the Republican Party', and the market instantly lost trust in economic signals!
'Instant Swap for Powell' farce: Just threatened to 'instant swap the Federal Reserve Chair', then turned around and said 'Powell might stay' — policy expectations are like a rollercoaster, institutions sold off overnight for safety!
Truth: The non-farm data is already weak (only 73,000 new jobs, previous value cut by 30%!), and Trump added fuel to the fire, the crypto world got caught in the crossfire!
Technical Analysis: The ETH daily 'death triangle' has formed!
All key supports are breached:
Fibonacci Hell Mode: Yesterday's sharp drop broke through 3706 (61.8%), 3653 (50%), and 3600 (38.2%) three iron bottoms, heading straight for the abyss at 3520!
Current price of 'Dancing on the Knife Edge': Currently hovering around 3520, but if it falls below 3500, it will trigger an algorithmic sell-off to 3428!
Indicator Death Resonance:
The 4-hour chart moving average 'death cross strangulation', MACD green bars wildly increasing, short positions surged by 83%!
Top pressure from Tai Shan: 3665 becomes the new iron top, 3800 is already the 'dream high point'! Follow the Iron Eagle homepage
Future Nuclear Explosion Prediction:
Short term (48 hours):
If it stabilizes above 3500: Weak rebound to around 3600, but short immediately!
If it breaks 3500: Directly plunge to 3428 (Fibonacci 0% position), a crash of 10%+!
Ultimate Black Swan: August 7th US Tariff Bomb!
Trump claims 'tariff market will explode', but if the policy strength is not as expected, ETH will crash along with US stocks!
Retail Investor Survival Guide:
Don't catch a falling knife! If 3500 is breached, immediately short with a target of 3420.
Rebound means escape: Short blindly in the 3600-3665 range, stop loss at 3700!
Tonight's focus: Trump's Twitter + Federal Reserve officials' speeches, any wind or grass movement could trigger a market explosion!
Iron Eagle Sharp Commentary: When the president treats the central bank as a toy, the crypto world can only become a casino! Either be ruthless or roll away, don’t be cannon fodder!
#加密市场回调
Is the hot spot too cold?Follow the Iron Eagle homepage, the Iron Eagle hot nuclear team is in place! Only igniting the wildfire of ambitious madmen!
$ETH
