ETH might really change tonight!
After Sun's small 10 plays Ethereum for 50 hours,
the ETHFI staking is about to expire!
Now ETH is oscillating between 1620 and 1645 USD,
the midline of the Bollinger Bands at 1624 USD has both bulls and bears fighting fiercely.
There are two big movements on the market:
Above 1640 USD, there is a sell order of 1200 ETH
(almost 1.96 million USD)
At 1620 USD, there is 42,000 ETH of support funds
(valued at 680 million USD)
This position is like a buried landmine; a slight misstep could lead to liquidation.
Three danger signals are flashing red:
The net inflow of ETH in exchanges has suddenly surged by 37%,
Tonight, the US stock market opening is very likely
to see a sudden spike and drop, a 'heaven and earth needle' scenario;
Technical indicators are clashing, the daily line is about to form a death cross,
but the weekly MACD has turned red for the second time,
this kind of contradictory trend often means either a surge or a collapse;
BlackRock suddenly released news about ETH spot ETFs,
this clearly indicates that the speculators want to use the news to drive up and dump the price for profit.
Now this market is like a gambling table,
it's recommended that retail investors either set stop losses or just watch the show,
definitely don't follow the news to trade blindly.
Remember: just because the whales are supporting doesn't mean the price won't break,
the 42,000 ETH buy order could also be a trap to lure in buyers!
Confused about the situation? Don't know how to operate? Follow!
I am Cong Ye's top team resources providing you with strategies
serious inquiries only! #比特币与美国关税政策
