🚨 $ETH Deep Pullback Warning: FOMO Sentiment Overheating, Pin Bar Liquidation Approaching!
📉 Current Market Status
ETH surged violently from 3360 to 4780, short-term increase of +42%, extremely overbought market sentiment with extreme greed (Fear & Greed Index >80), derivative funding rates remain high as whale addresses start to sell, large on-chain transfers ( >10,000 ETH) entering exchanges
🔥 Pullback Target Assessment
📌 Key Support Levels (Potential Pin Bar Area)
✅ First Support: 4000-4100 (Previous High Breakout + 20-Day Moving Average)
✅ Second Support: 3800-3900 (CME Futures Gap + 50-Day Moving Average)
✅ Ultimate Panic Pin Bar: 3600-3700 (Bullish Liquidation Zone)
📌 Short-Term Resistance (Rebound Sell Zone)
🔴 4600-4700 (Previous High Resistance + Bullish Take Profit Zone)
🔴 4800-5000 (Psychological Level + Bearish Liquidation Point)
🛡️ Practical Strategy (Long and Short Dual Killing Setup)
🔴 For Bullish Holders
⚠️ Current Price 4650, Reduce Position by 50%, Lock in Profits
⚠️ Set Stop Loss for Remaining Position at 4200 to Prevent Deep Pullback
🟡 Bottom Fishing Fund Preparation
🔥 Only Picking Up Bloodied Chips!
✅ First Touch at 4000-4100, Light Position Long (Stop Loss 3900)
✅ 3800-3900 Heavy Position Layout (Stop Loss 3700, Target 5000+)
📊 On-Chain Data Monitoring
Exchange ETH Balance (Sudden Increase = Selling Pressure Warning) Staking Net Flow (Large Withdrawals = Bearish Signal) Stablecoin Issuance Speed (USDC/USDT Following Up)