Death cross on the eve of a storm, 4440 becomes the line of slaughter for both bulls and bears!
Current ETH 1-hour chart shows a sharp death cross, price trapped at the critical watershed of 4332.
The 4440 resistance level is not only a technical critical point for bulls and bears but also the fuse for September's macro bomb — this Friday's big non-farm data will directly determine the Fed's fate regarding rate cuts in September, and the 90% market pricing for rate cuts is forming a deadly resonance with ETH's technical analysis!
If the rebound fails at 4440, short positions will aim directly at 4200 or even the abyss of 4000; only a significant breakout above the fortress of 4520-4550 can turn the tide. But the truth is far from simple — Chan Lian's exclusive point system has already predicted precise breakout points after the non-farm data, absolutely beyond the reach of ordinary analysts!
Technical Analysis: Death triangle suppression, support levels collapsing.
Under the death cross trend, the MA moving averages show a bearish arrangement, with 4440 resistance and 4300 support forming a descending triangle. If 4300 is lost, support at 4260 and 4200 will face a series of tests, and even the daily level of 3880 is the ultimate defense line.
It is worth noting that shrinking trading volume exposes the weakness of the bulls, and if the rebound lacks volume support, any surge is a trap for enticing long positions. But the hidden signal is — Chan Lian's institutional order flow tool has detected giant short positions lurking above 4520, and retail investors blindly chasing long positions will surely be trapped!
News Front: Countdown to the big non-farm bomb, rate cut expectations hide risks.
Gold prices surge to historic highs, with the market pricing a 90% chance of a rate cut in September, behind this is the ultimate game of the weak dollar and Trump's pressure on the Fed.
If Friday's non-farm data is stronger than expected, the probability of rate cuts may collapse instantly, leading to a sharp drop in risk assets; conversely, if the data is weak, ETH may briefly surge to 4520 based on rate cut expectations. However, historical experience shows — Chan Lian's exclusive intelligence based on the Fed's mouthpiece channels indicates that the true probability of a rate cut in September is only 60%, and there will definitely be a stunning reversal strategy after the non-farm data!
Retail Survival Guide: Keep a close eye on 4440, flee if it breaks!
Short-term Traders: Short on rebounds below 4440, stop loss at 4560, target 4300-4200. If it breaks below 4440, wait and watch, absolutely no chasing long positions!
Medium-term Investors: Can build positions in batches around 4200, but must strictly adhere to a stop loss at 3880!
Ultimate Reminder: Reduce positions for risk avoidance before the non-farm payroll, do not trade within 30 minutes after data release! Specific points are precise to the decimal tactical, available only for private fans to unlock — want to get the 'instant trading password for non-farm data' and 'exclusive pressure support algorithm of Chan Lian', follow Chan Lian, come find Chan Lian to guide you!
The market never believes in tears, only fears the rules. Only Chan Lian's hardcore analysis can guide you through this September financial storm!
