Ethereum bulls and bears are battling in the meat grinder between 2550-2600, Vitalik has provided ammunition for the L2 battlefield, the high ground at 2640 has been marked with the bullish flag!
Core battlefield dynamics
Today's news provides fire support
Vitalik's boost: Base chain daily trading peak of 1.88 million transactions, OP, ARB and other L2 tokens surged 8% in the morning
SEC delays Ethereum ETF but clearly rules out securities investigation
Whale increased position by 19,800 ETH this morning, cost 2583
Technical approach from three directions
From the short-term 1-hour chart, the overall price of Bitcoin shows a trend of oscillating upwards, with a potential three-push pattern; current price oscillates around the 108400-109600 range, and the bullish and bearish forces are gradually balancing. The candlestick pattern shows an ascending triangle, while the appearance of a top divergence suggests a potential short-term pullback demand.
MACD underwater ignition
DIF strongly crosses above DEA, MACD histogram flipped to red overnight to 0.62, similar to the May 23 pattern which saw a 22% surge
50-day line becomes the trench for bulls
MA50 has been under pressure for 6 consecutive hours without breaking, gathering 185 million USD in buy orders at this level
Volume battle intensifies
5-day average volume 21.39 million crossed 10-day line 19.45 million, but current hourly volume is only 5.15 million, signs of strong selling pressure are evident
L2 ecosystem firepower has covered the 2600 position, Base chain's daily trading volume exploded by over 300%, whale with 51 million USD is loaded, will you be a deserter in the 2580 trench or charge with me to raise the flag at 2640? Tonight at 20:00, live stream will dissect the dealer's volume trap!
Countdown to SEC's final decision: 23 hours left. Strategy needs dynamic adjustments, please pay attention
