After a sharp drop of 540 points for ETH today, it is currently oscillating with low volume in the range of 4550-4590, with insufficient bullish momentum! If the key resistance level of 4615 cannot be broken with high volume, it may plummet again tonight to test the support at 4480! Major orders are densely lurking around 4595, hiding a potential turning point for a market crash!
Technical analysis in depth:
Key level competition intensifies:
Resistance fortress: 4615 (today's strength-weakness dividing line), 4750 (core pressure), 4800-5000 (heavy selling pressure area)
Critical support levels: 4480 (today's low point defense), 4400 (psychological barrier), 4200 (bull-bear dividing line)
Current predicament: Price is hovering with low volume around 4590, the MACD hourly chart has not reversed its death cross, and volume continues to shrink. Without a massive buying push, it is difficult to break the cage at 4615!
Major orders hide secrets:
A dense large buy order (over 18,000 ETH) has appeared near 4595, seemingly protecting the price, but in reality is a trap to lure more buyers! Once the orders are withdrawn or breached, panic selling pressure will be instantly ignited!
The委比 is only +0.26%, showing weak bullish strength, with major players secretly manipulating to create a false impression; retail investors should not blindly follow the trend!
News catalysts:
Federal Reserve night speech: If hawkish signals are released, the crypto market may face a bloodbath!
Ethereum ETF fund flow: Three consecutive days of net outflow, with institutions showing strong bearish sentiment in the short term!
Whale address activity: A mysterious large account transferred 120,000 ETH to exchanges within half an hour, suspected to be preparing to sell off!
Nighttime trend analysis:
Bullish scenario: Break through 4615 with high volume → Accelerate to 4700 → Challenge 4750 (needs significant positive news)
Bearish scenario: Break below 4590 support → Rapid drop to 4480 → If breached, it will collapse to 4400 (70% probability!)
Operational advice:
Aggressive approach: Chase long if 4615 breaks (stop loss at 4580), short on rebound at 4750!
Conservative approach: Short if 4480 is broken (short on rebound), accumulate in batches below 4400!
Iron Eagle warning: The current market is extremely fragile, with obvious control by major players! Retail investors must keep positions light, set stop losses, and refuse to hold positions! A market turning point is imminent tonight; pay attention to whether the major orders around 4595 will be suddenly withdrawn!
#美联储降息预期
Going solo is a thing of the past! The Iron Eagle's ultimate setup has already started; ambitious madmen should enter the market quickly!
$ETH