ETH Today's Trend: Bull-Bear Meat Grinder Market, Retail Investor Survival Guide
Golden Quote Opening:
"Bull markets often see sharp declines, bear markets often see slow declines—ETH is currently stuck in the middle, becoming a 'meat grinder' for both bulls and bears; whoever reaches in first will lose a layer of skin!"
1. Current Market: Technical Indicators All on "Alert"
Bollinger Band Opening: Upper Band 2830, Lower Band 2520, both bands are wildly expanding, signaling that a violent one-sided market is approaching, but the direction is uncertain.
Case Example: After a similar formation in early June, ETH plunged 8% in a single day, caution is advised for historical repetition.
MACD Death Cross + Red Bars Expanding: DIF and DEA have crossed at high levels, bearish momentum continues to strengthen, and the short-term pullback has not ended.
2. Key Levels: The "Life and Death Line" Contested by Bulls and Bears
$2420: Today's spike low; if broken, it looks down to $2380 → $2320.
$2530: Multiple resistance levels for rebounds; a breakout requires increased volume, otherwise, it remains a "false breakout."
3. News: Sudden Risks and Opportunities
Positive: ETH staking volume hits a new high, ETF capital inflow may become a catalyst.
Negative: Connecticut, USA, passes a bill to prohibit cryptocurrency investments, regulatory risks are heating up.
Market Sentiment: Grayscale ETHE discount rate -12.5%, institutions are still observing.
4. Operational Strategy: Stability is Key
Short-term: If 2420 holds, lightly try long positions; pursue on a breakout above 2530 with increased trading volume.
Contracts: Focus on high shorts in the 2500-2530 range, targeting 2420.
Long-term: Set orders in the 2320-2380 range in batches to avoid All in.
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment, and I'll take you through the bull market to firmly grasp this major opportunity!
