The K-line of #看懂K线 can be misleading, but volume and indicators never lie
This morning's ETH breakthrough, is it a real breakout or just a false show?
Technical analysis broken down
"A high jumper clears the bar but is gasping for breath"
The price surged to
$2788,
confidently breaking through the upper Bollinger Band,
but the fatal flaw is in the MACD: you can see the red bars as if they were choked—
insufficient height + no sustained volume,
like a marathon runner sprinting for 30 meters and then starting to gasp.
The key battlefield of the long and short game
$2662 has become the line of life and death:
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 like the air force’s bomb fuse being removed.
Falling below the middle line directly declares the game over—