#加密市场回调 Coin friends! ETH plummeted from 4700 to 4452 last night, then violently pulled back to 4635. In the 1-hour chart, the middle track of the KC channel, moving averages, and MACD three lines are strangling. Is this a 'real counterattack' or a 'trap for the bulls'? You'll understand immediately after reading!

Technical core signals

KC Channel: The current price is below the middle track 4696; if it breaks through, it aims for the upper track 4779; if it falls below the lower track 4612, the support at 4452 may be impacted again.

Moving Average Game: The 7-day moving average 4682 is about to golden cross the 30-day line 4711, determining the outcome of 'trend reversal' or 'continuation of decline'.

MACD Anomaly: DIF is crazily rising close to DEA, a golden cross is imminent, but weak volume hides risks!

Dark Horse Driven Surge / Plunge

On-chain Bottom Fishing: During the plunge, whales crazily absorbed 120,000 ETH, and the wash signal is clear;

Cancun Upgrade: Layer 2 performance breaks expectations and becomes a 'powder keg', ready to explode at any time;

Macroeconomic Shift: The expectation of Federal Reserve rate cuts is heating up, with funds accelerating back to crypto!

Today, 4696 is the lifeline for bulls and bears:

If it breaks and stands firm, it aims for 4800, even challenging the previous high;

If it falls below, it looks down to 4300, and the rebound will be aborted!

If you don't follow the strategy closely now, when the market starts, you can only stand guard! Click to follow, I am monitoring the signals in real-time, guiding you to accurately time the ETH price fluctuations. If you miss this wave, the crypto circle will play again!

#CryptoMarketCorrection