#看懂K线 Early ETH this arrow piercing the clouds, is it a real breakthrough or just a facade?
Technical analysis broken down
"The high jumper crosses the bar but continues to gasp for breath"
Price surged to $2788, boldly breaking through the upper Bollinger Band, but the fatal flaw lies in the MACD: you can see the red bars look like they've been choked——insufficient height + no sustained volume, like a marathon runner who sprints for 30 meters and then starts gasping for air.
The key battleground of long and short positions
$2662 has become a lifeline: last night, the US SEC suddenly delayed the Bitcoin ETF decision, putting pressure on ETH as well. If it can hold this level during the day, it's equivalent to disarming the bombs of the air force. Falling below the middle band directly declares the game over——a similar pattern appeared in August, when it broke the middle band and plummeted 9% in a single day.
