Last night at 20:30, the U.S. initial jobless claims and PPI data double whammy caused ETH to plummet 300 points instantly! But note - when bad news is fully priced in, good news follows! After the data release, the market entered a strange sideways trend, short energy is temporarily exhausted, and the main force is secretly building strength. Are retail investors cutting losses at this moment? Exactly what institutions want!
Technical analysis reveals a 'death triangle'! (Key interpretation in the picture)
Fibonacci hell-level strangulation: current price is stuck in the life-and-death gap between the 50% watershed (4622.50) and 38.2% (4582.08), with 4730 above as the 100% reversal point and 4550 below as the 23.6% ultimate graveyard!
Bollinger Bands hide dangers: 1-hour K-line seemingly stands above the middle track, but the Bollinger channel is rapidly narrowing (sideways signal), MACD death cross green bars are faintly visible - this is the suffocating calm before a crash!
Secrets of the long-short fortress revealed:
4730: Breakout = bull charge signal, will trigger a wave of short stop-loss liquidation!
4550: Break below = panic selling, heading straight for the abyss at 4400!
Exclusive prediction by consolidation:
"First smash and then pull, bloodbath the bulls before taking off!"
In the short term, there will definitely be a wave of trap to induce shorts (false break below 4600), creating a 'crash illusion' to force retail investors to cut losses!
After the main force accumulates, a violent rally will occur, lightning-fast to 4730 within 48 hours!
Tonight's operational Bible:
Place long orders below 4600 (leverage ≤ 20x)
Short at 4730 (with 50-point stop loss)
Absolute kill order: chase the short as soon as 4550 breaks, target 4400!
Consolidation shock:
"A sideways market is the darkness before the storm! Either a hundredfold carnival or a zero on the rooftop - stay close to the consolidation, I'll take you to the knife's edge to reap the main force!"
#美国7月PPI年率高于预期
The market is dangerous, only by banding together can we win! The strongest team of consolidation only accepts the madmen with inflated ambitions!
$ETH