"The market is not guessed, it is drawn by the main force with real money!" Tonight's script for ETH, I'll give you a spoiler—$4800 is not the end, but the starting point for a new round of wealth!

First pour cold water, then give sugar: The surge in ETH was premeditated.

Last night, ETH surged to $4739, a bunch of people shouted '4800 can't be stopped', but it plummeted to $4610 within 2 hours, leaving longs in despair. But experienced players know: a plunge is not a risk, but an opportunity!

  • Breaking down the main force's strategy:

    1. Violent washout: From $4739 to $4610, it looks like panic, but in fact, it's a precise retest of the 'iron bottom support' at $4620 (this position has been tested multiple times during the day; if it holds, there is hope).

    2. Volume contraction during correction + volume expansion during rise: trading volume shrinks during declines (retail investors panic and cut losses), while volume surges during rises (the main force secretly accumulates).

    3. MACD underwater golden cross: When retail investors are desperate, MACD suddenly turns red, and the energy bars soar like rocket fuel—this is a signal for whales (big funds) to enter!

Will $4800 be broken tonight? Three signals tell you the answer.

1. Technical aspect: Triple engine ignition.

  • Support turns into resistance: $4710 was originally a resistance level, but it has been tested multiple times today without breaking down, indicating that the bulls are in control.

  • RSI strong zone dulling: RSI indicator is hovering around 68.

  • Intraday chart rising wedge breakout: The volume is perfectly aligned, like the final countdown before a rocket launch.

2. On-chain data: Whales are secretly accumulating.

  • In the past 24 hours, a certain whale address bought 120,000 ETH, with a cost price between $4630 and $4660.

  • The funding rate for Binance perpetual contracts is only 0.01%, indicating that shorts have not yet gained strength—once the funding rate surges, it will signal a short squeeze (forced closing of short positions)!

3. Short positions hanging above: $107 million 'time bomb'.

Currently, there are $107 million in short positions above $4800, like the sword of Damocles. Once ETH breaks through $4800, these short positions will be forcibly closed, triggering a chain reaction, and the price could surge straight to $5000!

Today's battle plan: Follow the main force to reap profits, don't get cut like leeks.

Breakthrough strategy.

  • If ETH breaks through $4783 with volume, buy a 5% position at market price (set a stop loss at $4730, exit if it drops below).

  • Place a breakout order at $4805 (in case the main force accelerates too quickly, this position can catch the ride).

Defensive plan (conservative)

  • If it falls back to $4710-$4720, go in directly, don't hesitate.

Reminder: Contract trading is extremely risky, don't bet all your money. But tonight's opportunity is rare in ten years—either become a god or watch others become gods, which one will you choose?

I am Shence, the analyst who dares to speak the truth in the crypto world. Follow me, and today I will take you to witness the moment ETH reaches $4800!