神策说币

'In a volatile market, while bulls and bears are fighting, retail investors should not rush to take sides; first, understand the intricacies before taking action!'
Last night's ETH movement was like a 'couple's quarrel'—bulls wanted to charge to 3700, while bears stubbornly defended 3550, resulting in both staring at each other around 3600, unable to do anything. Before the US stock market opened yesterday, many people shouted 'ETH is about to take off' (I was one of them 🤡), but as soon as the price touched 3660, it wilted, directly retreating back into the 'little nest' of 3550-3600, turning short-term traders into 'stone waiting for husbands'.

Key price level: Both bulls and bears are 'feeling out their cards', but the cards are a bit murky.

'The market erupts in hesitation and ends in celebration—ETH's W-bottom scenario, with the US stock market as the director tonight!'
Technical aspect: The W-bottom is not drawn out, but 'bought' out!
ETH's 1-hour K-line looks like a sprinter holding back energy— the double bottom pattern is so clear even beginners can understand: the first bottom at 3600, rebounding to the neckline at 3690 before pulling back, now back around 3620, a typical 'second bottom test without breaking the previous low'.

Key signal is coming:
MACD histogram shrinking: bearish strength is weakening, like a spring compressed to the bottom, a little release can bounce up;

'There are no eternal dark horses in the crypto market, only eternal games—MYX's 251% surge, is it the main players wielding their knives or a revolution in the track?'
Phenomenal surge: A meticulously planned 'emotional carnival'?
On August 5, MYX drew a 'vertical K-line' in one hour, with the price soaring from 0.39 USDT to 1.41 USDT, a surge of 251.31%, with trading volume skyrocketing to 1.4 million USDT. Social media exploded instantly: 'Dog pool pump!' 'The next GMX!' But a calm breakdown of the data reveals this carnival more resembles a 'technical performance':
Indicators extreme: RSI soared to 87.2 (overbought zone dulling), KDJ's three lines collectively 'lying flat' in the overbought zone, MACD golden cross turns red but diverges from volume—typical technical 'false fire.'

In the storm of the crypto market, the true helmsman never focuses on the waves, but instead watches the undercurrents closely—ETH's 1-hour candlestick chart is staging an ultimate battle between technicals and emotions.
Today's crash's 'three fires': a combination of technicals, sentiment, and funds attacking the market.
1. Technicals: $3735 is the 'pressure cooker lid', bulls have failed in three charges.
ETH failed to break through $3735 three times today, much like a game where you get wiped out three times before the BOSS level. This position is not only a previous high resistance level but also stuck at the upper Bollinger Band, with MACD forming a death cross above the zero line, which means the bullish energy bar is exhausted. Even more heartbreaking is that the RSI(6) plummeted from 68 to 31.62, like a sprinter suddenly cramping after pushing to the limit—there is a strong technical demand for a pullback.

"When the trumpet of interest rate cuts sounds, will the crypto market take off?" - The storm of the Federal Reserve's September rate cut is coming. Is your wallet ready?
Folks, in the realm of finance, the Federal Reserve is like the 'master of the martial arts world'. When it takes action, the global market trembles. Recently, a dismal non-farm employment report completely rewrote the Federal Reserve's interest rate script! According to the latest data from CME's 'FedWatch', the probability of a September rate cut skyrocketed to 94.4% overnight, while the probability of maintaining the interest rate has dwindled to a paltry 5.6%. This rate cut is basically a done deal!

The news is the printing machine of the crypto world! Do you only know how to stare at K-lines and draw charts? The big guys have long smelled the policy signals and made profits! Last night's violent rise of ETH from 3570 to 3730 was a super red envelope for 'news believers'!
I am Shen Ce, an old hunter who has mixed in the crypto world for 8 years relying on 'policy sensitivity'. Last night's market movement seemed like a technical breakthrough, but it was actually driven by 'underlying news'. Listen to me break down the three core logic points, and you too can ambush the next wave in advance!
1. The US stock market opened high as the 'starting gun', and ETH was pushed like a rocket by big funds!

The crypto market is like the sea; technical analysis is navigation—but the real captain knows how to read the wind direction and is better at avoiding risks.
What’s the current situation of ETH?
Price stuck at the 'critical line':
Current price 3555 USDT, upper pressure 3660, lower support 3470, with a key point in between at 3570.
In simple terms: ETH now feels like it's 'walking a tightrope', if it doesn't break 3570, it can still bounce, but if it breaks, it could drop directly to 3470!
Indicators hide secrets:
MACD: The fast and slow lines are stuck together, with a stalemate between bulls and bears, but the bars are shrinking to almost nothing, countdown to a reversal!

A major earthquake in the crypto world! Japanese listed nail chain company Convano (Tokyo Stock Exchange code: 6574) today dropped a bombshell—announcing that it will hold a total of 21,000 BTC by March 2027 and simultaneously issue 2 billion yen (about 13.9 million USD) in ordinary corporate bonds, aiming for a new benchmark in global crypto asset allocation! This news instantly ignited the market, and the signal of accelerated institutional funds entering has become crystal clear; Bitcoin's 'golden age' may arrive ahead of schedule!

1. From nail salons to Bitcoin whales: Convano's crazy cross-border venture
Who would have thought that a traditional company known for 'quick nail art' would become the most radical 'new force' in the crypto space?