$ETH Giant Whale 1.4% Blood Draw Lockup 86.6 Billion Hidden Danger! How to Respond?
Longs and shorts oscillate around 2510 USD, whether 2549 is dragon or bug depends on today! — Ethereum, this troublesome little fairy, has the inflation sword hanging above and the on-chain iron bottom supporting below, today's battle is all about expectation gaps!
1. Three Technical Signals!
1. MACD Red Bars Shrinking, Death Cross Ghost Shadow Shaking: The fast and slow lines hover on the zero axis, but the red bars are getting shorter and shorter — bulls are losing strength in pushing higher! The fast line (DIF) is about to cross the slow line (DEA), if the death cross becomes real, a pullback is imminent.
2. Downward Volume Spike: When the bearish candlestick crashes, the trading volume surges (bears crashing/large holders fleeing confirmed)! If the selling continues to increase, the support level at 2487 (60 moving average) will be effectively broken, the next stop is the psychological level of 2455.
3. Moving Average Sandwich Battlefield: Prices are stuck bouncing back and forth between the 30 moving average (2488) and the 60 moving average (2529).
2. On-chain Hot Outside, Cold Inside!
1. Ethereum's weekly active addresses are 1.74 million (historical peak), DeFi locked up 86.6 billion USD, but the net outflow of ETH from exchanges is 1.4%, large holders lock up for interest without trading — deflation is beneficial long-term, but short-term liquidity is cut off!
2. Overheated Sentiment Laying Mines: 64% of Binance contracts are clustered in long positions (long-short ratio 1.84), beware of bulls trampling and retaliating!
3. Latest News, Two Nuclear Bombs!
1. Tomorrow night’s US CPI: Inflation Explodes Globally, ETH Volatility at 47.3% (year-low), Options Bets on Volatility Surge — Today’s early escape, increased fluctuations!
2. US-China Negotiations and Trump's Rhetoric, Trade Friction Powder Keg, and Crypto Tycoons Clashing, any negative news could crash the market!
I am a math guy, top technical support, only serving those with vision and ambition!