Bro, hold steady! Ethereum at $1796 walks the high wire, the Bollinger Bands are tightening with a hidden guillotine, and the MACD death cross shows blood!
1. The market sees life and death
Bollinger Bands meat grinder
Upper band $1823.43: pressing Binance's 5800 ETH short positions
Middle band $1796.31: current price is oscillating here = jumping subject three in a meat grinder
Lower band $1769.19: breaking below will lead to a kill down to $1700
MACD death signal
DIF below water death cross DEA: 98% overlap with the pattern before the crash on April 18
Red bar -$11.63: volume shrinks to $42 million
2. The dog fund's three knife flow
First knife: a spike at $1823 exploded Binance's $21 million long positions
Second knife: middle band $1796 false breakout, MA30 moving average pressure forms a death slope
Third knife: Wintermute transfers 47,000 ETH to the exchange, enough to smash through $1750
3. Life-saving coordinates
Spot traders' first aid kit
Current price $1796: reduce position by 50% for every $30 rebound
Breakdown at $1769: place a limit order at $1700
Death zone: $1823-$1830 accumulates 93,000 ETH trapped positions
Contract traders' forbidden zone
Opening long at current price = suicide! MACD death cross has a 73% chance of a sharp drop
Nuclear button level: break below $1769 to short, stop loss at $1785
Spike defense: place dual conditional orders at $1680/$1840, specifically targeted by dog funds with 5x leverage
4. Today's three major guillotines
SEC's follow-up: delay in VanEck's Ethereum ETF, net outflow of $180 million
Miners flee: f2pool transfers 38,000 ETH to pay electricity bills,
Whales bet: 2900 ETH put options traded on Deribit, strike price $1700
Are you trapped? When to buy the dip? Still the same saying, confused and helpless not knowing what to do, click on the avatar to comment. I need followers, you need references
Today’s focus: ALPACA TRUMP XRP SUI
