"The main force withdrew 567 million USD, and the rise of ETH is like rowing upstream!"

Old Bull's view: Based on the latest capital flow chart, it is challenging for ETH to stabilize at 4160 and attack 4230 today, with increasing difficulty! The core lies in three major data anomalies:

The main force experienced a net outflow of 567 million USD throughout the day, especially during the early morning (00:00-03:00) with a net outflow of 347 million (1.628 billion inflow vs 1.975 billion outflow) and in the early session (06:00-09:00) with a net outflow of 203 million (1.297 billion inflow vs 1.5 billion outflow), indicating continuous withdrawal of large funds.

Retail investors did not bottom out! The actual net outflow is 50.98 million USD, forming a double kill situation with the main force.

The total net outflow reached 618 million, showing a 'bleeding state' of the funding situation.

Key discovery:

The outflow proportion of the main force reached 36.3% (11.335 billion), far exceeding the outflow of retail investors (14.7%/4.57 billion), indicating that the selling pressure comes from institutions.

Although there was a rebound in the afternoon (net inflow of 125 million from 09:00 to 11:35), it is merely a drop in the bucket compared to the total loss throughout the day.

The net inflow curve oscillates below the zero axis throughout the day, with a brief turnaround to positive (net inflow of 0.14 billion) only between 21:00 and 00:00.

Market prediction:

The current resistance level at 4160 is like a 'firewall for the main force's retreat'—if there is no improvement in the funding situation, ETH may struggle to stabilize. Especially need to be vigilant:

Inertial pressure from the outflow proportion of the main force exceeding 36%

The wave of leveraged liquidations triggered by a total loss of 618 million

Negative cycle formed by retail investors following the trend and selling (4.57 billion outflow)

"Focus on two signals: will the main force make up the 500 million gap? Can retail investors reverse the 50.98 million net outflow? If real money does not come in, 4230 is just an illusion! Old Bull will track capital anomalies in real time, click to follow for breaking alerts!"#Ethereum #ETH走势分析 #杰克逊霍尔会议