MACD rocket launcher is worthless! 2577 is the ghost gate, and 2600 is the graveyard for retail investors!
When the data bomb goes off, the market maker's smoke bomb comes into play! Understanding the 'sugar' in the pockets of the American empire will prevent you from getting caught off guard by a sudden surge!
Why did the second round just take off suddenly? Simply put, it's because the American economy sneezed! Their recently released June small business confidence index has plummeted! When this data falters, the dollar immediately weakens, gold rises sharply, and our ETH also 'gets a share', surging by 30 points in just one hour!
Shen Ce's perspective: This logic chain is very clear: Poor American economic data → Dollar depreciation → Assets like gold and ETH are likely to rise. The market maker is seizing this 'tailwind', using a volume of 400,000 ETH to ignite a surprise attack!
Technical analysis reveals the truth:
MACD suddenly turns into a helicopter: Before the rise, the fast line (DIF) was already riding on the slow line (DEA) (this is called the 'golden cross prototype', a potential bullish signal). As a result, once it started to rise, the MACD's red bars (representing upward momentum) skyrocketed by 10.1 like a firecracker! This indicates that this surge is both rapid and fierce.
The main force plays tricks, laying 'mines' at key levels: When the price surged to around $2577.21, a large sell order of 175,000 ETH suddenly appeared, pressing down like a mountain! Now the price is stuck at $2576.87; why? Because the main force has laid a big mine (sell order) at the $2577 level, deliberately preventing the price from passing easily!