Last Night's Horror Moment Full Review
Lightning Charge: Institutional large orders suddenly attacked, igniting the market, ETH violently surged to $2878.59, with over $120 million in short positions liquidated across the network (Bybt data)!
Three Attack Curse: The price retested twice before charging at 2870, guess what? Every time it approaches 2870, there are massive sell orders capping it (see the chart! The sell zone has been fiercely countered three times), the main force's retreat intentions are blatant!
Crash Moment: After the third charge failed, bulls instantaneously collapsed! The price plummeted like a waterfall, even the psychological level of 2800 became fragile, dropping to a low of 2742.09, with a total liquidation across the network reaching $380 million in 24 hours!
Truth Behind the Plunge: Main capital secretly maneuvered
Fatal Three Strikes from News
Grayscale Dumping Doubts: A single transfer of over 50,000 ETH suddenly appeared on-chain (can be checked on Etherscan), coinciding with the 2878 high point, a clear signal of profit-taking from the whale!
ETF Expectations Cooling: SEC suddenly postponed the BlackRock proposal resolution, institutional funds hit the brakes urgently, and buying pressure shrank instantly (Order ratio +0.5% → negative value)!
Leverage Slaughter: At the 2878 high point, perpetual contract funding rates soared to 0.15% (anomaly!), exchanges took the opportunity to liquidate long positions!
Technical Death Pattern
A picture speaks a thousand words! The market hides lethal traps:
2870 Becomes the Ghost Gate: Three failed attempts to breach form a 'triple top', daily MACD shows a bearish divergence dead cross (technical nuclear bomb!)
2800 Paper Support: The so-called resistance level offers no resistance, the minute chart shows that once it breaks, there are thousands of sell orders hammering it down every second (see the transaction area! Large orders are frantically fleeing)
Death Spiral Activated: After the critical support at 2766 breaks, panic selling triggers a stampede, RSI plunges straight into the oversold zone!
Future Market Life and Death Simulation: Keep an eye on two major signals
>>> Short-Term Script (48 hours) <<<
Bullish Life-and-Death Line 2740: If it breaks down with volume, it will head straight for the strong support at 2680 (2024 upward trend line!)
The Only Hope for Reversal 2766: Must recover this position with volume (original support turns resistance), otherwise any rebound is just an opportunity to escape! #币安Alpha上新 #CPI数据来袭 #X平台封号
