《ETH Shocking Movement! Canadian Data Surprise, Is 4300 a Trap or Opportunity? Captain's Exclusive Revelation!》

"The market always rewards those who understand the language of candlesticks, and punishes the gamblers who follow their emotions."

Today, ETH's 1-hour candlestick chart staged a 'textbook-level' short squeeze! Opening around 4160, it lingered for a while before suddenly a big bullish candle shot up to 4330, a rise of 3.47%! Behind this movement are two key signals:

1. Technical Signals Concealed

The Bollinger Bands' mouth suddenly opened up, which is a typical precursor to a trend reversal.

MA5 and MA10 formed a golden cross and continued to widen, with trading volume increasing, indicating it is not a false breakout.

But be cautious! 4300-4400 is a historically dense area of trapped positions, and it is possible for the main force to repeatedly test this level.

2. Canadian Data Surprises the Market

The recently released June core retail sales month-on-month rate of -0.3%! This directly raises a red flag! How important is this data? It reflects the purchasing power of Canadian citizens and directly affects the Federal Reserve's interest rate expectations. Although labeled as "bad for gold, silver, and oil", the crypto market reacts more sensitively —

Funds are voting with their feet:

The US Dollar Index jumped instantly, and ETH/USDT immediately showed a -1.79 basis.

The funding rate at midnight was 0.006%! Revealing the true intentions of the main force.

My Exclusive Opinion:

This pullback is actually a healthy signal! ETH has been consolidating between 4000-4400 for 7 days, and combined with the negative economic data from Canada, the main force is clearly cleaning up leveraged long positions.

Remember: A crash is not scary; what’s scary is a silent decline with low volume!

Words of wisdom for retail investors:

Don't focus on the 15-minute candlestick for contracts! The market is currently in a 'news + technical' resonance stage, with ETH's daily MACD about to form a golden cross. August has historically been a month of trend changes in the crypto market, and what ordinary people should do now is:

1. Turn off push notifications from market apps to reduce emotional interference.

2. Pay close attention to the 4250 support level; today is the watershed for bulls and bears.

3. Remember the mantra: "Don't chase a sharp rise, don't panic during a sharp drop."

If you are sweating over the candlestick chart right now, it means you are paying tuition with your principal! Want to know how the main force uses 'false breakouts' to harvest retail investors? Follow @船长大哥 .

If you are unclear about specific points to watch, you can follow me, and I will provide real-time reminders for friends who have followed me for 24 hours. Pay attention to my homepage #ETH走势分析 #加密市场回调 #亚洲家族办公室加密资产配置 .