ETH battle between bulls and bears! Will it crash or skyrocket? Understand the market trend in seconds! Crypto family!
ETH is currently fluctuating violently around 2959. The high point of 3040 is just around the corner, but it hasn't broken through for a long time. Is it going to dive or prepare for a major counterattack? Don't panic! I'll give you the most accurate judgment using technical, on-chain, and news aspects! Technical aspect: The change signal is flashing red!
In the 1-hour K-line, the Bollinger Bands are rapidly narrowing, and the price is sticking to the middle rail for a crazy game; the EMA moving average has changed from a golden cross to entanglement, and the bulls and bears are fighting close! Looking at MACD - the green column continues to shorten, and the distance between DIF and DEA decreases sharply, and the short selling force is 'leaking'! This kind of divergence combination is often a precursor to sharp rises and falls. The current shock is the main force 'holding back a big move'!
Large funds are secretly buying the dip! Whale movements: Ten thousand ETH whale addresses have 'increased holdings crazily' within 24 hours. These market foxes never take over at the top of the mountain. The buy-the-dip signal is clear; Exchange funds: ETH outflow from exchanges has soared. Large funds are withdrawing from the secondary market and turning to on-chain layout. This is the rhythm of 'pre-emptive position'; Gas fee: The Gas fee remains low, the demand for the ETH ecosystem has not decreased, and developers and users are 'waiting for the wind to come'!
Bad news is exhausted, and L2 hides big moves! The Fed's interest rate hike expectations have been 'priced in' by the market, and the marginal effect of bad news is diminishing; The lock-up volume of ETH's L2 layer 2 network has hit a record high. The explosion of Arbitrum and Optimism will become a 'booster' for ETH's counterattack!
Now is the golden layout point! The shorts seem arrogant, but in fact they are at the end of their rope! Technical divergence, large funds buying the dip, and ecological accumulation all indicate that ETH is squatting down to wash the market and may violently pull up at any time! If you don't enter the market now, you will regret it when it rises!
Follow me immediately, I will monitor the on-chain data + news in real time, and give you accurate buy and sell signals as soon as possible! The crypto market is changing rapidly, and you can only eat big meat if you follow the right person. Follow me, let's eat enough of this wave of ETH market!
