MACD rocket launch means nothing! 2577 is the ghost gate, and 2600 is the graveyard for retail investors!
When the data bomb goes off, the manipulators send out smoke screens! Only by understanding the 'sugar' in the pockets of the American empire can one avoid being caught off guard by a surge!
Why did the second coin suddenly take off? Simply put, the American economy just sneezed! Their recently released June small business confidence index has gone limp! With this poor data, the dollar immediately weakens, gold rises rapidly, and our ETH also ‘gets a share’, surging 30 points in just one hour!
God's perspective: The logic chain is very clear: poor US economic data → dollar depreciation → assets like gold and ETH become easier to rise. The manipulators are taking advantage of this 'tailwind' to ignite a surprise attack with 400,000 ETH in volume!
Technical analysis reveals the truth:
MACD turns into a helicopter: Before the rise, the fast line (DIF) was already almost riding on the slow line (DEA) (this is called the 'golden cross prototype', a signal that it might rise). As a result, once it started rising, the MACD's red bars (representing upward momentum) shot up like a skyrocketing firecracker, increasing by 10.1! This indicates that this surge was both urgent and fierce.
The main force plays tricks, burying 'mines' at key points: When the price surged to $2577.21, a large sell order of 175,000 ETH suddenly appeared, weighing down like a mountain! Now the price is stuck at $2576.87, why? Because the main force had buried a big mine (sell order) at the $2577 position, deliberately preventing the price from easily passing through!