"In the tumultuous waves of the crypto market, the giant ship ETH is heading towards a critical crossroads—$3675 is not only a price watershed but also a beacon for the decisive battle between bulls and bears!"
Today's ETH market: A dance on the tightrope, 3675 is the lifeline for bulls and bears
Currently, ETH price is 'walking the tightrope' around $3667, just 8 points away from the critical level of 3675, resembling a boxer testing the opponent's strength before the match. Technically, although the MACD green bars are shortening, they have not turned red, like slamming the brakes but not fully stopping; the BOLL indicator shows the price is sliding along the middle track, with the lower track at $3615 being today's 'lifeline'; the upper moving averages are layered in resistance, as if putting multiple shackles on the rebound.
Personal opinion: Beware of the 'false breakout' trap, retail investors should not become bag holders
Recently, large funds have netted an outflow of 45.14 million, but there are still support orders at $3657, which resembles the main force's 'fishing' tactic to lure buyers—seemingly supportive, but actually lacking strength. The correlation effect with Bitcoin is particularly obvious: BTC drops 1.2%, ETH follows with a 1.4% decrease, but SOL rises 0.8% against the trend, indicating that funds are playing 'seesaw'. Retail investors blindly bottom-fishing may become 'cannon fodder' for the main force's repositioning.
A real-life example: Last week, ETH was also stuck around 3675, and a fan commented 'it broke through', but the price surged to $3720 before dropping 300 points in an instant, trapping those who chased the rise. History does not simply repeat itself, but human nature is always similar—before breaking through a critical level, it's better to miss out than to make a mistake!
Operational strategy: Take three steps, stop losses are a lifesaver
Short-term players: Don't rush to chase after a rise below 3675. If it breaks below $3615, it may accelerate the decline to $3550 (the extended lower track);
Medium-term players: Wait for 3675 to stabilize for more than 3 hours before considering reducing positions in the 3700-3735 range in batches;
Aggressive players: You can trade ultra-short within the 3615-3675 range, but stop losses must be set below 3600 (liquidate directly if it breaks).
News Alert: Two major variables tonight may trigger volatility
① The US stock market opening may set the tone (recent correlation between crypto and NASDAQ is 0.78);
② If Federal Reserve officials mention 'inflation rebound' in their speeches, it may trigger risk-averse sentiment.
Key point: 3675 is like the hole card on the poker table, everything before it is just speculation. Conservatives suggest waiting for a clear direction, while the aggressive ones should remember to set proper stop losses—after all, in the crypto market, surviving longer is more important than making more money!
Will ETH be able to break through the critical level of 3675? How will BTC's correlation and the speeches of Federal Reserve officials affect the trend? Follow me to get the latest strategies as soon as possible! Like and save to not miss any change signals!#币安HODLer空投PROVE $ETH
