I. Three engines behind the technical surge
After firmly holding the 2620 USD defense line, it triggered programmed buy orders, breaking through 2700 and causing a short squeeze (over 6 million USD liquidated in 1 hour)
Exchange ETH reserves drop to historic low (1 million coins decrease in 30 days) BlackRock bets on Circle (USDC issuer), strengthening ecological expectations
Funding rate turns positive, long-short ratio reverses to 1.2:1, open contracts exceed 9 billion USD, leveraged longs regain control
Defense line: 2708 USD (breaking through aims for 2900)
Lifeline: 2506 USD (BlackRock's protective order area)
Breakout point: 2600 USD (losing this will trigger panic selling)

II. Information shock
Latest transfer dynamics
7 hours ago: Recharged 956.7 ETH to OKX exchange, approximately 2.53 million USD.
Three days ago: New address received 24,000 ETH worth approximately 65 million USD, this address is marked as a potential selling preparation account with a remaining 51,663 ETH, total value approximately 140 million USD, holding cost only 0.31 USD/coin
Historical behavioral patterns
This whale has frequently made small deposits to exchanges in the past month, such as transferring 999 ETH to OKX on May 27, indicating an intention to test market support.
24,000 ETH transferred to the new address has not been sold directly, possibly using a 'split order selling' strategy to avoid price impact
The market has experienced a crash, I will prepare some suitable coins for bottom fishing as a recovery plan, feeling lost and helpless? Follow me! Choices are greater than effort