The concave triangle at the end of the concubine formation is about to explode. The hourly chart has completed an "ascending triangle" consolidation, the MACD golden cross continues, and the Bollinger Bands are expanding (BOLL bandwidth breaks ±2%).
If the bulls can hold above 4,350, it will confirm a breakout of the Wyckoff accumulation pattern, targeting 4,500→4,800 USD (symmetrical triangle measurement target).
If the concubine falls below 4,200 and closes below it for 2 hours, it may trigger an on-chain cascading liquidation (ELR leverage reaches a high-risk value of 0.68). $BTC #机构疯抢以太坊