MACD rocket launcher means nothing! 2577 is the ghost gate, and 2600 is the graveyard for retail investors!
When the data bomb goes off, the market makers deploy their smoke screens! Understanding the 'sugar' in the pockets of the American Empire will prevent you from being caught off guard by a sudden surge!
Why did ETH suddenly take off? Simply put, it's because the U.S. economy sneezed! The small business confidence index for June just released has tanked! As soon as this data falters, the dollar weakens, gold surges, and our ETH also joins in, skyrocketing 30 points in just one hour!
Insight from Shen Ce: The logic chain is very clear: Poor U.S. economic data → Dollar depreciation → Assets like gold and ETH are likely to rise. Market makers are taking advantage of this 'tailwind', using a volume of 400,000 ETH to ignite a sudden attack!
Technical analysis reveals the truth:
MACD turns into a helicopter: Before the rise, the fast line (DIF) was about to ride on top of the slow line (DEA) (this is called the 'golden cross formation', a signal that a rise may be imminent). As a result, once it started rising, the MACD's red bars (representing upward momentum) surged like a firecracker by 10.1! This indicates that this rise is both urgent and fierce.
The main force plays tricks, burying 'mines' at key levels: When the price hits $2577.21, a large sell order of 175,000 ETH suddenly appears, pressing down like a mountain! Now the price is stuck at $2576.87, why? Because the main force has buried a big landmine (sell order) at the $2577 level, deliberately preventing the price from easily passing through!