Nuclear-level warning
When the third division of Israel invaded Gaza and Powell's hawkish remarks swept the market, ETH suffered a bloody massacre of 500 points within 24 hours! 430,000 people were liquidated with 1.7 billion dollars, creating the largest liquidation disaster for long positions since 2021! I am Norton, and after making a crazy profit of 40 points against the trend with my fans, I must warn you: $4000 is not only a technical support but also the biggest pain point for 5.5 billion options! If it fails to hold tonight, it will trigger a chain collapse (a deadly clue reserved at the end of the text: the real bottom may still be lower...)
Technical death code
Your K-line chart is roaring three dangerous signals:
Turning point slaughter: The key level of 4230 has turned into a death pressure, and the MACD is dull in the -15.8 oversold zone; any rebound is an opportunity to escape
Support coffin board: The support at 4135 has been broken three times, and the strong support at 4000 is gathering 820 million USD in long leverage; once it breaks, it will point directly to the abyss of 3800
Whale conspiracy: Figure 5 shows that the exchange's long-short ratio has reached an extreme value of 2.7:1, indicating that retail investors are still blindly bottom-fishing (Norton trend system marks that the main force is setting short traps in the 4100-4000 range)
(News-based death strike - Figure 3/4/6 empirical)
Middle East black swan: The Israeli Army's 36th Division has entered the Gaza city area (Figure 6), with over 550,000 people fleeing, causing panic in global risk assets
Federal Reserve's knife: This week, Williams and 8 other Fed officials have made intensive comments (Figure 3), shattering the market's interest rate cut fantasy
Institutional double play: Bitmine increasing its ETH holdings by 14% appears to be a positive signal, but in fact, it is using news to cover up selling
Retail survival guide
Stuck holders: Immediately place a stop-loss short near 4230, and reduce your position by 50% when rebounding to 4135
Bystander: Absolutely do not bottom-fish before breaking 4000! Wait for panic selling
Fugitive: If you see long shadows and increased volume in the 3800-3850 area, you can try a small long position
Want to know why Bitmine chose to increase its premium holdings at this time? How many option bombs are hidden below 4000? Join the Norton top team to get (ETH institutional short roadmap) and follow Norton, so that every move you make reveals professionalism!
