ETH Sudden Drop Warning! Three Major Warning Signs on the 1-Hour Chart, Should You Buy the Dip or Escape?
ETH's 1-hour chart suddenly plummeted, breaking the 7-day moving average, MACD dead cross, and a synchronized explosive sell-off! On-chain whales are frantically unloading, macro liquidity tightening adds to the pain, and the bears' strangulation has begun!
Core Signals:
Moving Average Collapse: Support at 4728 was breached in seconds, the 30-day line (4667) becomes the 'Lifeline', with a breach pushing directly towards the 4630 abyss;
Indicator Strangulation: MACD red bars return to zero, dead cross warns of bear pressure, and the rebound weakness signal is at full capacity;
Capital Escape: The volume of decline surges, the main force's 'dumping and fleeing' traces are glaring!
Hard Strategy:
Short-term: Reduce positions directly when rebounding against 4741 resistance, decisively cut positions if breaking 4667, don't catch the 'falling knife';
Mid-term: If 4630 stabilizes + indicators diverge, gradually buy the dip to speculate on rebounds.
If you don’t follow the trend now, will you cry in despair when your account shrinks? Click to follow for the next strategy that accurately targets the turning point! The crypto market is a battlefield; only by following the right people can you survive. I will lead you to profit and avoid double losses in the market!
