#ETH
3600 Long and Short Meat Grinder, 4.1 billion liquidations piled up above, BlackRock's cold wallet suspends accumulation, the market hides a killing machine

Technical death triangle

1 4-hour chart RSI top divergence (current value 73)

2 Daily volume decreases by 15%

3 Weekly channel resistance 3650 iron top

On-chain alert

• Whale 0x37a1 deposits 20,000 ETH to Coinbase

• USDC issuance speed plummets (only 120 million in 24 hours)

• Maximum pain point for options locked at 3550 (settlement tonight at 23:00)

Old Li's battle instructions

Spot team: Urgently sell 50% at 3600, stop loss for remaining position at 3550

Contract army: Short at current price 3596 (3x) target 3500

Hedging group: Buy next month's 3400 put options

Blood lesson: 2023 at the same point of greed resulted in a 70% profit reversal, every minute delay increases risk threefold

Tonight’s nuclear explosion point

20:30 Federal Reserve decision (rate hike will instantly break 3500)

23:00 options settlement (1.8 billion chips fighting)

The life-and-death line has been drawn, quickly exchange bloody chips for USDC


Follow Old Li's trades to check homepage information, let’s uncover ETH swing operations together, Old Li sends a message: contracts are never long-term operations.