[Technical Analysis: ETH has entered a violent primary upward wave, 3100 is just the starting point!]
BTC rockets past 122,000, ETH's rally engine fully engaged!
BTC's market share plummets, funds are pouring into the ETH/BTC exchange rate trough (currently 0.024), historical patterns indicate ETH will initiate a rally of over 30%!
ETH's key pressure point at 3066.64 (100% Fibonacci) was pierced by volume last night, the minute chart shows buy orders piling up like a whale (the main force's orders are densely buried in the 3028-3040 range), a pullback will be fuel!
"Death Support Zone" at 3000 becomes the nuclear base for the bulls!
On-chain data reveals a super absorption area at 3000-3028 dollars (the buy wall thickness reaches 300 million dollars), short sellers crashing down like hitting a titanium alloy steel plate! Technical triple bottom formation + MACD golden cross, as long as it doesn't break 3050 on a pullback, it's the charge signal!
Bar
[News: Tonight is destined to be recorded in the history of the cryptocurrency world!]
BlackRock's ETH spot ETF issued an additional 32,000 units in a single day (insider data continues to leak), Wall Street giants are devouring retail investors' blood money!
Vitalik's surprise announcement: 'Proto-Danksharding Testnet 7.16 goes live', a super favorable development with L2 gas fees dropping by 99%, institutions are on a countdown to rush in!
US PPI data will be released tonight at 20:30, the market bets on cooling inflation (expected 2.3%), if favorable, ETH will violently break through!
[Ultimate Prediction: 3100 is not the peak, it’s the detonation point!]
Tonight's long-short showdown script ——
Bullish nuclear explosion point: Stabilizing at 3066 will trigger options gamma squeeze, short stop-loss orders will instantly shatter 3100! Monthly head and shoulders bottom target directly points to 3400 dollars (the 39.3% Fibonacci level at 3466 suggests space)!
Short sellers' grave zone: If PPI unexpectedly turns negative, ETH may retrace to the ironclad defense line of 3000-3028 (illustrated by the 50.5% Fibonacci 2986.51 + institutional buy wall), the probability of dropping below 2900 is less than 1% (on-chain liquidation map shows below 2900 is a short trap)!
[Wealth Strategy: Follow the main force's slaughter knife closely tonight!]
Break through 3066 to chase long (leverage ≤ 20x), target 3100→3180 (the pressure levels at 3100.77/3080.00 in the chart are effectively meaningless)!
Buy the dip at 3000-3030 with eyes closed (set orders to eat panic selling), stop loss at 2980, profit-loss ratio 1:10!
3 AM showdown moment: If the ETH/BTC exchange rate breaks 0.025, go all in!
Iron Eagle warning: The current commission ratio of -0.26% is an illusion (the main force is secretly pushing down), ETH's open contracts have surged by 47%! Tonight will either explode the shorts or slaughter the longs, the road for hundred-fold contracts is already paved, which side are you on?
Is the peak too cold? Follow Iron Eagle, the Iron Eagle thermal nuclear team is in position! Igniting the prairie fire of ambitious lunatics!
$ETH