$ETH Tonight will either skyrocket to fame or plummet to darkness!
If this point of 3575 doesn't break, 3600 is stable; if it breaks, even 3500 won't hold!
The battle between bulls and bears has reached a fever pitch, and there will definitely be significant action tonight! Since 4 PM this afternoon, ETH has been oscillating within a 10-point range, appearing calm on the surface while funds have been swirling beneath.
Currently, ETH is hovering near the upper Bollinger Band, with a clear death cross trend on the 1-hour chart. There is indeed short-term pressure for a pullback, but the consolidation range is getting narrower, and the signal for a change is fully charged, just waiting for tonight to decide the outcome!
The key resistance level is firmly stuck at 3575, and the support level is closely watching 3500. If it breaks through 3575, we can look directly at 3600, and it might even touch 3650; if it can't hold 3500, the speed of the pullback may exceed expectations, and we must be wary of 3450.
It's worth noting that signs of large funds secretly positioning themselves are becoming increasingly obvious. Whether the horizontal support can withstand the bears' assault will be revealed tonight. The signals behind this will remain undisclosed for now; you'll understand after reading the analysis.
The U.S. 8.7 tariff policy is about to take effect, and the market is now so sensitive that even a slight breeze can trigger a market explosion.
I dare say, ETH is highly likely to break through tonight! Don't be fooled by the short-term pressure of the death cross on the 1-hour chart; after consolidating for so long, once it breaks through, the explosive power will only be stronger;
Of course, if it unexpectedly falls below 3500, don't hold on stubbornly; risks must be controlled immediately.
Do you think tonight the bulls will exert strength or the bears will dominate? The next divine pill is about to be announced, come if you agree!
