Trump and Putin's late-night call! The life-and-death battle at ETH $4600, as big players in the crypto world adjust their positions overnight!
Recently, U.S. Treasury Secretary Yellen dropped a bombshell — the Trump team signaled a willingness to maintain dialogue with Putin! As soon as the news broke, the cryptocurrency world erupted, with ETH's price experiencing a 'roller coaster' around $4716, leading to fierce battles at the $4650 level between bulls and bears!
With sudden geopolitical changes, how will the crypto market respond?
According to historical data, high-level interactions between the U.S. and Russia often impact global capital nerves. When Trump spoke with Putin for the first time in March 2025, Bitcoin plummeted 3% in a single day, and mainstream coins like Ethereum collectively nosedived. Although this dialogue did not disclose details, the market generally fears: if the geopolitical situation eases, risk-averse funds may exit the crypto market; if negotiations hit a snag, uncertainty may trigger a new wave of selling.
The technical indicators hold mysteries; $4700 is the key point for bulls and bears!
From the ETH/USDT perpetual contract chart, the current price is stuck between $4794 and $4407. It is worth noting that:
MACD Bullish Signal: The daily MACD still maintains red bars, indicating that medium-term upward momentum is still present;
RSI Mid-Axis Hovering: The Relative Strength Index has been stuck around 50 for three consecutive days, suggesting that the power of bulls and bears is in a standoff;
Volume Signals: When the price broke out of the consolidation area yesterday, the volume surged by 23%, but then quickly shrank, possibly signaling a 'false breakout'.
How should retail investors respond as big players in the cryptocurrency world adjust their positions overnight?
A technical analyst from a private equity fund pointed out: "ETH is currently at the end of a critical triangle consolidation, and $4700 is the line of life and death. If it can stabilize above $4794 this week, it may challenge the $5000 mark; if it loses the $4407 support, it may trigger a technical sell-off."
Historical Lessons: U.S.-Russia interactions once caused bloodshed in the crypto world!
Looking back at March 18, 2025, after Trump spoke with Putin, the crypto market faced a 'Black Friday': Bitcoin plummeted 8% in a single day, with over 100,000 investors being liquidated. Although this dialogue did not directly target the crypto field, the rise in global risk-averse sentiment has become a fact — the simultaneous breakthrough of gold prices to historical highs is clear evidence of capital seeking safety.
ETH is stuck between the resistance of $4794 and the support of $4407, with MACD bullish momentum still intact but RSI hovering at the mid-axis. The volume has shrunk after a breakout, indicating the risk of a false breakout. Currently at the end of a triangle consolidation, $4700 is the key for bulls and bears: stabilizing at $4794 could lead to a surge to $5000, while losing $4407 may trigger a technical sell-off. Short-term fluctuations are expected, while medium to long-term observations are needed regarding geopolitical dynamics and Federal Reserve movements; it is advised to trade lightly with high sell-low buy strategies and set strict stop-losses.
The K-line judge shares that the behind-the-scenes team only serves ambitious maniacs, feeding you 10x coin secrets directly into your mouth #以太坊创历史新高倒计时 #ETH突破4600
