"Consolidation is the trial of experts, but the grave of novices—when ETH is weaving at 4281 with reduced volume, every K-line conceals a killing intent!"
Brothers, today’s market makes the old bull exclaim it's eerie! ETH is firmly stuck at 4281.35, with an entire day's volatility of only 0.9%, resembling being nailed in an "iron coffin" between 4250-4350!
Top gun mouth accurately moves up: The high-pressure zone is confirmed at 4350, with a surge in hanging orders forming a "steel pressure plate".
Bottom defense line is clear: 4250 support is effective, but the whales have buried "invisible support orders" at 4150.
Real bullish-bearish temperature: Commission ratio -0.74% (slightly favoring sell orders), volume shrinks to 131.5K (alert for low volume).
Chart truth: The main force has already drawn the battlefield.
4350——Bear Nuclear Bomb Well
In the chart, the 4350 resistance level overlaps with the "Large Sell Order" indicator, and the accumulated selling pressure here is like a hanging sword. What's worse, the previous high of 4370 forms a double top!
4250——Bullish Command Line
Today, all three dips were supported by 4250, but the real powder keg is hidden in the 4150-4160 range (bottom support moving up), with tens of millions of "staggered support orders" lying in wait.
Deadly details:
MA5 and MA10 golden cross at 42,788, but volume has not followed up, indicating a false breakout signal.
Current price 4281.35 closely adheres to the middle track of the Bollinger Bands, countdown to a trend change has started!
The old bull perceives: Under the silence, the knife has been drawn!
This suffocating consolidation is essentially the main force controlling the market! Remember three key logics:
No bullish outlook if 4350 is not broken: Volume-less surges = trap for the bulls, especially approaching the lethal zone near the previous weekly high of 4370.
Breaking 4250 signifies a storm: If it breaks through with volume, the 4150 support area will trigger a major showdown between bulls and bears.
The eye of the storm is at 4281: The current price is precisely the cost line for bulls and bears; the longer the consolidation, the bloodier the trend change!
When everyone is focused on the false barrier at 4300, the old bull asks a heart-wrenching question:
Will ETH tonight bloodily wash 4250 to trigger panic selling, or violently break through 4350 to massacre the bears?
Remember the old bull's market feeling password:
"For upward movement, observe the volume at 4350; if it breaks, focus on the 4150 support; consolidation is the prelude to burial!"
Focus on the old bull as he helps you decipher the main force's hanging order code—K-lines don’t speak, but they never lie!
