Don't panic during ETH pullbacks! The main players are gearing up for a big move, breaking 4650 will ignite a new round of explosive growth!
Brothers, ETH just closed at 4489 USD, and the hourly line is firmly above the key level of 4490. Is anyone starting to feel anxious? Don't worry, this wave of volatility is not bad at all; it is actually the main players gathering strength near the middle band of the Bollinger Bands (4368)!
1. The truth about the pullback: the main players are secretly accumulating positions as the Bollinger Bands contract!
Currently, the Bollinger Bands are narrowing (upper band 4638/lower band 4408), and the price is repeatedly rubbing against the middle band. The MACD yellow and white lines are steadily declining below the zero axis, but the volume has clearly shrunk—what does this mean? Retail investors are selling, while the main players are buying! Once the accumulation is complete, a rapid surge will begin!
2. Key position: 4650 is the breakout ignition point!
Remember: 4650 is not only a previous high resistance but also a key indicator for breaking the upper band of the Bollinger Bands! Once it breaks through with volume, ETH will open up new upward space. Why? Because resistance turns into support, and the bears will be completely driven crazy!
3. The secret to trading coins: rely on indicators to make profits, not feelings to sip soup!
Real experts look at signals to operate:
BOLL middle band 4400 is strong support; if it drops here, you can gradually build positions;
MACD forming a golden cross + increasing volume is the starting signal;
Breakthrough 4490 can test the position, and decisively increase positions upon breaking 4650!
4. Keep a close eye on these two positions!
If it pulls back to 4450, you can lightly test a long position, with a stop loss at 4430 and take profit at 4480 or 4500.
If it doesn't hold above 4600, you can lightly test a short position, with a stop loss at 4620 and take profit at 4550 or 4580.
5. The next wave of layout secrets has been locked in!
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Final reminder:
Bull markets have more volatility; washouts are meant to shake people out. If you don't want to miss the upcoming explosive growth, please like and share this article, and immediately follow my homepage! I share real-time strategies + position reminders every night, helping you transition from chasing highs and cutting losses to steadily making profits! 🚀
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