📉 August 19th Ethereum Trend Outlook: Battle Between Bulls and Bears at the 4600 Mark!
It's been a while since I analyzed the market based on these news insights #
News is intertwined with bullish and bearish signals 🔥
1. Divergence Among Institutional Whales
◦ Bullish Main Force: A mysterious whale has increased its holdings by $210 million in ETH over the past week (total holdings of $940 million), and BlackRock's ETF has set a record by attracting $640 million in a single day, indicating a clear intention of institutional support.
◦ Bearish Signals: The whale group “7 Siblings” sold $88.2 million in ETH in 15 hours, while short-term holders took profits simultaneously, leading to a surge in selling pressure!
2. ETF Capital Absorption Effect
◦ A total of $10.83 billion has flowed into spot ETFs, but Coinbase's ETH continues to trade at a negative premium, indicating a lack of following trades and hidden concerns. If tech stocks on the US market drop sharply on Monday (Beijing time 21:30), ETH may follow with a decline of 3% or more.
Key Technical Signals on K-Line 📊
• 4-hour chart shows divergence between price and volume: Price approaches $4,600 but trading volume shrinks by 18%, RSI is overbought (70+), increasing the risk of a pullback.
• Bull-Bear Watershed: $BTC
◦ Breakthrough of 4,600** → opens up upside space to **4,800 (no trapped positions area);
◦ Losing 4,500** → triggers **$336 million** in long liquidations, looking down at **4,300 support.
Monday's Strategy 💎
Follow the trend and closely monitor US stock correlations:
• Breakout to chase longs: If it stabilizes above 4,600**, chase longs with a target of **4,750–4,800** (stop loss at **4,540**);
• Pullback short: If the Nasdaq drops + ETH breaks below 4,500**, short with a target of **4,350 (stop loss at $4,550).
#BattleBetweenBullsAndBears #InstitutionalGame #以太坊变盘
