ETF capital outflow of 140 million! On-chain pledges surge: $ETH the whale's long and short cards will be revealed!
The shrinking golden cross is like a faint light in the dark night—able to guide direction, but may not illuminate the whole journey.
1. Latest technical analysis!
1. MACD golden cross but lacks confidence: DIF has crossed DEA to form a golden cross, histogram turned red to 3.66, short-term stop-loss signal is initially appearing.
2. Trading volume has shrunk significantly: Today's estimated trading volume is only 34,700, more than half less than the 5-day average (76,200), showing a typical "shrinkage rebound."
3. Moving average pressure is heavy: MA moving average is hovering near 4181 dollars, more than 8% away from the current price, forming a strong resistance layer.
2. Latest news on-chain!
1. Capital situation (bearish): Spot ETF has seen consecutive net outflows, for example, yesterday (Eastern Time September 23) net outflow reached 141 million USD.
2. Ecological development (bullish): The total locked value (TVL) of re-staking protocols (such as EigenLayer) has increased, and the bullish seasonal effect in the fourth quarter historically.
3. Gas fees have recently rebounded slightly, the number of active Layer 2 addresses remains stable, and whale addresses show tentative signs of increasing holdings.
Attention! The longer the narrow fluctuation lasts, the stronger the momentum for change—I'm Tang Seng, top technical support, only serving those with vision and ambition!