ETH surges sharply but suddenly sees a pullback! Should we flee now or buy the dip? After reading this, you'll be clear-headed! Crypto family! The madness of ETH soaring from 2473 to 2889 has not yet digested, and in a blink, it has pulled back. How many people just wanted to jump in and panicked?!
But don't rush to complain, is there a big opportunity or a big trap hidden in this pullback? After reading the details I've uncovered, you'll have a clearer idea!
The bears are showing up, but the bulls are still holding strong! Look at the 1-hour K-line: the MACD green bars have started to appear, indicating short-term pullback pressure! However, EMA7 and EMA30 are still surging upward, and the middle track of the Bollinger Bands is firmly supporting the price, which means the medium-term upward trend has not broken!
Focus on the key support range of 2750-2760 (where the lower track of the Bollinger Bands and EMA30 coincide). If this level can hold steady, ETH may regain its upward momentum at any moment! On-chain + news front: smart money is secretly picking up chips!
The whale addresses not only haven't run away but are instead crazily withdrawing and hoarding coins during the pullback! Looking at the Ethereum ecosystem: Layer2 explosion, NFT revival, DeFi locked value soaring... these tangible positives are ETH's 'strong backbone'!
What about the Federal Reserve's interest rate hike noise? In the face of the independent market conditions in the crypto space, it simply doesn't hold water! What should we do now? Let me give you a heartfelt piece of advice! Those who panic-sold above 2800 are destined to regret it! This pullback is 'giving money' to those who understand the trend. Now is not the time for panic; it's an excellent opportunity to wait for a golden pit! Want to make big gains in the crypto space? Following the right person is key!
Watching the market for 18 hours, tracking the flow of funds on-chain, I will provide precise predictions on ETH's support levels, resistance levels, and entry points in the community as soon as possible!
The crypto world does not believe in tears; it only recognizes rhythm and strategy! Follow me now, and in this wave of ETH market activity, we will together scoop up gold from the pullback and become wealthy during the main rally. Don't wait until the market takes off to regret it; click to follow now, and the next one to profit will be you!