The sideways movement is the suffocating calm before the storm—at this moment, ETH is putting on a gripping 'death balance act'! The 1-hour death cross hangs high, but the price is eerily nailed to the upper Bollinger band, this textbook-level 'crocodile market' suggests: tonight will surely spill blood by the hundred points! As a hardcore analyst dissecting the main force's thinking with candlesticks, Iron Eagle takes you through the ultimate code of this bull-bear strangulation battle!
Deadly triangle area: 3575 becomes the bull-bear 'guillotine'
The current price is compressed in the 20U hell corridor of 3554-3575, and 3575 is exactly the multiple times marked bull-bear slaughter level in the chart! Pay attention to three deadly signals:
Volume devil details: This afternoon's sideways trend is accompanied by continuous shrinking volume (the bottom histogram in the chart is shrinking), but the OTC funding rate is soaring against the trend—retail investors frantically bottom-fishing vs. institutions secretly building short positions in a classic script!
Technical bipolar live scene: 1-hour death cross (bearish) and 4-hour MACD underwater golden cross (bullish) are fiercely hedged, this contradictory structure often triggers 'nuclear explosion-level' volatility!
Time bomb ticks: The '8.7 US tariffs' countdown is highlighted in the chart! Historical experience shows that before policy black swans, the main force must brutally clean up leverage!
Breakout analysis: 3600 or 3500? The answer is hidden in the shadows!
Bullish script: If there is a volume breakout above 3575 (must be accompanied by more than 3 times the volume), it will lightning test 3600 (the key psychological level in the chart), but note that 3675 is the real iron top (Fibonacci 50% strong pressure zone)!
Short nuclear button: If there is a false break above 3575 and it quickly crashes through 3550 (the current horizontal center), it will trigger a series of liquidations heading straight for 3500 (the double bottom structure in the chart), and what's even scarier is the hidden 3475 (38.2% retracement level) in the chart—this is where tens of thousands of BTC options are buried!
Iron Eagle's ultimate prediction: harvesting like this tonight!
I smell the main force's scheme of 'feinting to the east and attacking the west':
While retail investors are closely watching 3575, the real battleground is actually the shaded area at 3554.67! This position has been tested 7 times today (see the dense trading records in the chart), such precise control reveals the dealer's hidden cards—breaking below this level will trigger an algorithmic trading avalanche!
Personal aggressive strategy: Place a sell order at 3554.68 (0.01U lower than the main force), stop loss at 3575.01, target directly at 3500! If it breaks 3580, then reverse to chase long (stop loss at 3560), eating the explosion of short stop loss waves!
Is it too cold on the cutting edge? Follow Iron Eagle, the Iron Eagle hot core team is already in position! Only igniting the prairie fire of ambitious madmen!
$ETH