Last night, when ETH peaked at 2670, a key signal was detected. At that time, the 4-hour RSI hit 73, entering the overbought zone, and the MACD showed a clear death cross.
I decisively advised fans to set up short positions around 2665, with the first target at 2630. The price subsequently broke below the 2630 support level, capturing a solid 35 points in this move.
The core of the operation is to grasp the pattern of the main force raising prices to unload - every time it breaks 2650, the trading volume fails to keep up. This time, combined with on-chain data, it was confirmed: 150,000 ETH was monitored moving from cold wallets to exchanges, and large transfers usually indicate increasing selling pressure.
Position management is strictly executed within 10%. If it drops below 2580, you can increase the position to 15%, but it's important to set a stop loss. Key time nodes must be closely monitored; this morning, before the Federal Reserve meeting minutes were released, I closed 80% of my position in advance and set a trailing stop for the remaining position.
This market movement verified three iron rules: RSI overbought must correct, be alert to large whale transfers, and false breakthroughs at resistance levels indicate reversal.
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