ETH violently pulls back "Blood Shadow"! A battle of bulls and bears, follow me to catch the turning point
In the 1-hour K-line, ETH touched the upper Bollinger Band at 3955 and then fell back, with the upper shadow like a sharp blade hanging above! MACD red bars shrink sharply, although DIF still supports the bulls, it shows signs of "a strong bow at the end".
On-chain is even more magical: at the 3960 level, whales are dumping crazily, while retail investors are chasing high and taking over; institutional holdings are quietly increasing, secretly bottoming out, the situation is like "wolves disguised as sheep to trap", just waiting to see who reveals a flaw first.
The Cancun upgrade was originally a big positive, but it collided with the rebound of the dollar and the plunge of US stocks, causing the crypto market to instantly change to "positive news realized = negative impact". ETH is caught between "expectations" and "selling pressure", ready to explode in either direction! My iron strategy
Rebound to 3860 - 3870 Bollinger Band middle track, boldly buy, stop-loss at 3840; institutions are buying, what’s there to fear?;
Break through 3955 and chase directly, aiming for 4000!
Don't touch short positions! Mid-term bullish pressure, shorting = seeking death!
If you don't pay attention now, when ETH breaks 4000, you can only break your legs! Click to follow, I will accurately call the next wave of ups and downs, letting you lay back and enjoy the profits! Time is of the essence, the button is right in front of you!
