#加密市场回调 ETH plummeted from 4700 to 4452 last night, then violently rebounded to 4635. In the 1-hour chart, the KC middle track, moving averages, and MACD three lines are tightening. Is this a 'real counterattack' or a 'trap for the bulls'? Understand it instantly after reading!

Technical Core Signals

KC Channel: The current price is below the middle track of 4696; a breakout would aim for the upper track at 4779. If it falls and breaks the lower track at 4612, the support at 4452 may face another impact.

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

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

Dark Card Driven Surge / Plunge

On-chain Bottom Fishing: During the plunge, whales aggressively bought 120,000 ETH, with clear washout signals;

Cancun Upgrade: Layer 2 performance exceeds expectations, becoming a 'powder keg' that could explode at any moment;

Macroeconomic Shift: Expectations for Fed rate cuts are rising, with funds accelerating back into crypto!