"ETH breaks through the $3800 mark today! But those chasing highs at this moment need to be cautious; the main force is laying out a precise 'fluctuation wash'!"
This morning, the analysis team discovered through a multi-dimensional data model that a dense pressure zone has formed around $3820. The internal quantitative system shows that this price point has gathered a large amount of historical trapped positions and main force orders.
Short-term breakout needs to meet two conditions:
First, the daily trading volume must increase to more than 1.5 times that of the previous day.
Second, a valid breakout of the upper Bollinger Band is needed.
Why is $3820 so critical?
Dense position area: Historical K-lines show that the two rounds of adjustments on March 14 and April 8 formed a phase top near $3820, where a large amount of trapped positions have settled.
Price and volume divergence signal: The current 1-hour RSI has been overbought to 75, but the OBV energy flow indicator has not synchronized in amplification, suggesting doubts about upward momentum.
Analysis of main force intentions: By creating a 'false breakout' to lure more buyers, it forces short-term floating positions to exit, reducing selling pressure for subsequent rises.
Chain circle recommendations.
Step one: Key position defense.
If holding long positions, it is recommended to execute partial profit-taking (locking in 30%-40% profit) in the $3810-$3820 range, in the fluctuating mire.
Step two: Golden buyback point.
Focus on two support levels:
$3780
$3750
These two price levels serve as a 'cost cushion for the main force', with a low probability of breaking below, suitable for gradually buying back positions.
Step three: Breakthrough confirmation signal.
When the following conditions are met, you can decisively increase your position:
Daily closing price stabilizes above $3820.
Trading volume breaks above the 5-day average volume line by 1.8 times.
MACD indicator forms a golden cross.
At this time, it is like 'the trend train starting'; following the trend is the way to capture the main upward wave.
In this battlefield of capital games, every fluctuation is a test of human nature. The chain circle reminds:
The main force is like a 'hunting lion', always launching an attack when retail investors are relaxed.
Real opportunities often lie in the 'crevices of panic and greed'.
Maintain a 30% cash position, like a 'warrior holding a sword', able to attack or defend.
Summary
The current market situation resembles 'the calm before the storm'; the battle for $3820 may determine the medium-term direction. Retail investors need to use 'technology as a shield and mindset as a sword' to stay steady in the wave of digital currency.
Opportunities and risks coexist in the crypto world; staying alert and finding the right timing is key. The chain circle has also discovered a short-term project with explosive potential, great for doubling! Want to keep up? Follow the chain circle for free sharing! Follow the chain circle for cryptocurrency news
Remember! The market is not wrong; we are! I am the chain circle, a top-level layout team, only serving ambitious individuals with vision.
