ETH is currently stuck at 4738, and this position is crucial.
The whales neither allow retail investors to easily get in nor let the shorts smash the price. If they directly pump it, the resistance at 4800 is too strong to move; if they directly dump it, there are too many buyers below, unwilling to give up cheap chips. So the whales are waiting, waiting for more retail investors to cut losses, waiting for more buying to enter. As long as the buying at 4700-4710 is steady enough, ETH will suddenly surge by 62 points, directly hitting 4800.
The whales' tactic is to first dump and then pump, tricking retail investors into getting off. For example, they may first drop to 4700 to make retail investors think it's going to crash, and once the panic sellers have left, they immediately bring it back above 4730 to make those who sold regret it. The real signal for breaking through 4800 is a volume spike in the 30-minute candlestick; it must hold steady above 4780 to confirm.
The key support level is 4700; if it falls below here, a deeper correction could occur; holding above it would likely lead to a rise to 4800. If retail investors want to catch the bottom, it's recommended to buy in batches in the 4700-4730 range, not to invest all at once, and to cut losses if it falls below 4680. At the same time, keep a close eye on the 30-minute trading volume; a sudden increase indicates that the whales are moving, so act quickly.
After ETH hits 4800, it is likely to pull back, remember to take profits on short-term trades, and for long-term, you can wait for a higher target.
Final reminder: The whales have been secretly accumulating at 4700-4730, just waiting to pump. This big opportunity, will you join? Some are getting liquidated, some are trembling with fear; if you're always uncertain, you can follow the steps of Sister Thirteen, the winning streak continues. For those who want to follow the divine strategy and learn the methods, Sister Thirteen is here waiting for you.