The US May CPI is coming, is inflation really 'back', or is it just another false alarm?
#CPI数据来袭 Tonight at 8:30, the US May CPI will be announced, and market sentiment has been extremely tense. Many people say this is a signal of 'rising inflation', gold is going to surge, and the Federal Reserve won't be able to 'hold back'. But is it really like that? Let's not rush to conclusions and break down the real logic behind this data. First, the market expects the May CPI year-on-year to rebound to 2.5%, and core CPI also shows signs of rising. Many media outlets take this as evidence of a rebound in inflation. But don't forget, this rise is more a delayed reaction to Trump's tariffs, such as the price increases of taxed goods like clothing, home appliances, and new cars—this is not 'real consumption recovery', but 'forced price increases'.
Can South Korea really become the 'leader of the crypto world' relying on stablecoins and Bitcoin?
Recently, South Korea made a significant move in the cryptocurrency space. As soon as the new president Lee Jae-myung took office, he introduced a major policy called (Basic Law on Digital Assets). This is not just talk; the core objective is to make South Korea a global leader in crypto regulation.
Doesn't it sound impressive? Let's break down what is really going on.
South Korea: Creating stablecoins, hoarding Bitcoin, and even involving pension funds?
Lee Jae-myung's plan is very 'on point.' It's not just about regulation; he also wants to deeply integrate crypto with the national financial system. There are several key points:
Is Solana about to break $300? Is it a real opportunity or is the market's 'greed' playing tricks?
Recently, Solana (SOL) seems to be 'up to something' again. Many technical analysis indicators are releasing positive signals, and it looks like it has a chance to rebound to $300.
So does it really have a chance? Let's discuss it in simpler terms.
The technical chart is speaking: Is the bullish flag about to gain momentum? First, let's talk about a chart pattern. Solana's price previously soared from $95 to $184, looking like a 'flagpole'? Then, it dropped to $141 in mid-May, which resembles the 'flag' part. This pattern is called a 'bullish flag' in technical analysis, meaning: after a brief rest, it could continue to rise!
Currently, SOL is hovering around $160, testing the 'upper edge' resistance of this flag. If it can firmly establish itself above this level and even consecutively close with 3 green candlesticks, it could really take off and rush to $300 — which would be a historical high!
What do the MACD and RSI indicators say? Let's look at two technical indicators:
The MACD has already given a buy signal, suggesting that a wave of upward movement may be coming.
However, the RSI (Relative Strength Index) has not completely confirmed the bullish side, currently at 48. Typically, we hope it breaks above 50 for more convincing evidence.
So, while it looks promising, it's still wise to be cautious and not jump in too impulsively.
To summarize: Can Solana rise to $300?
Currently, Solana's technical structure is indeed very strong, including: bullish flag pattern; bullish MACD; financing rates indicating high sentiment.
But the RSI has not yet confirmed that the bulls are in control, and there is a risk of the market being 'too greedy'. So if you plan to invest, it might be wise to wait for further technical confirmation and proceed more cautiously.
I am a veteran in the crypto space, focusing on researching potential coins and market trends. Want to know more about the latest Solana market conditions and practical strategies? Follow me to see wealth opportunities beyond just Bitcoin!
TRX Breakthrough Battle: Whales are buying, retail investors are fleeing? Is 0.29 dollars a launch point or a high dive?
In the past few days, the on-chain activity of TRX has been bustling; on one side, big players are frantically buying, while on the other, ordinary users are panicking and fleeing. Is this another 'retail buys, whales feast' old script? Big players are silently buying, preparing to make moves. Recent on-chain data is clear: whale wallets have quietly bought up 10% of the circulating TRX supply in the past 30 days, and a group of medium-sized big players are also stepping up, directly increasing their holdings by 41%. With the Gas usage rate also skyrocketing, it shows that on-chain operational frequency has noticeably increased. You know the drill: they are betting that TRX is about to take off.
##以太坊生态回暖 Something big has happened! ETH's market price broke through $2,780 today, with a frenzied surge in sentiment, and everyone is watching for bullish signals!
Technical Analysis
From the candlestick chart, the MACD green bars are starting to weaken, and red bars are increasing in volume. The short-term upward momentum is slowing down, but the overall trend remains bullish, especially with the upper Bollinger Band closely aligned, indicating a potential pullback for long positions at any moment. The 7-day moving average is gradually building momentum, while the 30-day moving average is pressing down below, providing solid support.
In terms of volume, ETH's trading surged yesterday, with a 24-hour trading volume skyrocketing by 114%, nearing $35 billion, as capital flooded in, and the main players are setting the pace.
Looking at the daily chart, it has just broken through a flag pattern, typical of a 'bull flag' structure, with a short-term target looking towards $3,000, and then aiming for the $3,400 range news.qq.com.
News Environment
Spot ETF funds are pouring in: BlackRock's ETHA has been attracting capital for 11 consecutive days, with a total inflow of over $280 million since June, showing clear signs of institutional buying.
On-chain activity hits new highs: The number of active addresses on-chain has surpassed 17.4 million, and L2 interaction volume has surged by 18%, with a clear trend of DeFi usage recovery.
Short-seller liquidation pressure is approaching: Short-term data shows that if ETH breaks through $3,000, over $2.16 billion in short positions will be liquidated, triggering a short squeeze market.
On-chain strategies are being laid out: Well-known analyst Miles Deutscher pointed out that the Ethereum on-chain strategy system is entering a critical window period, and this wave of increase may be the initial phase of a big trend.
Today's Operational Suggestions (for reference only, not investment advice)
Short-term: If there is a pullback to $2,720–$2,740, consider attempting small position accumulation.
Medium-term: Wait for confirmation after breaking through $2,800, then ride the upward trend, with the first target set at $3,000, and the second wave looking towards $3,300–$3,400.
Risk Points: Be cautious of a volume-less breakdown below $2,720, which may delay the market, but the probability of a deep decline is low under strong capital conditions.
Want to learn more about ETH trading strategies, the latest data analysis, and real-time interactions in the community? Welcome to join my group!
I continuously update market analysis, on-chain indicators, and strategy references inside, allowing for early positioning and late profits!
Recently, fans asked me: The SEC chairman said DeFi represents the “American spirit,” does that mean they are going to support us? Is it really that wonderful?
Let me tell you: the words sound nice, but you need to understand the underlying message.
The new chairman praised DeFi at a roundtable, saying it embodies freedom, innovation, and property rights. This is indeed the first time I’ve seen regulators say such “warm” words. He also mentioned that things like staking and validating nodes are not necessarily securities, giving developers and ordinary users a bit of “breathing space.”
Sounds good, right? But what he called “innovation exemption” is just a temporary reprieve; it doesn’t mean they won’t check your accounts in the future. This is actually a “testing ground” before regulation, not a “get out of jail free card.”
Another point to note: although he said personal wallet freedom is very important, he did not explicitly say “developers of wallet software are definitely safe.” He merely gave an example saying, “writing code shouldn’t be scapegoated,” but whether new regulations will come out in the future is uncertain.
In summary: the SEC is finding a different way to make you compliant, not giving you the freedom to do whatever you want.
This wave is a directional benefit, but don’t get too reckless. Managing projects and funds legally and compliantly is true freedom.
Daily sharing; the behind-the-scenes team only serves ambitious madmen, feeding you 10x coin secrets directly into your mouth.
Can #比特币走势观察 BTC still be chased? After another wave of sharp rise, is it a trap or a main bullish trend?
Recently, many people have been confused by the market
Are you also wondering: With BTC rising to 110,000, is this another trap to cut the weak?
Or is it that the real bull market has quietly begun?
To be honest, I was shaken by the market in the past few days as well, but the more critical the moment, the more we need to analyze calmly—looking at the technical aspects and weighing the news, so as not to be led by the rhythm.
Now, let's break it down in simple terms that everyone in the circle understands
Technical Analysis: Short-term bullish control, but it’s not time to go all in blindly
From the 4-hour chart, BTC has shown a very standard step-like rise since June 5, each pullback just happens to land near the 5-day or 7-day moving averages, indicating that this wave is a typical strong consolidation followed by continued rise
The MACD and trading volume are cooperating beautifully, especially breaking through the resistance at 110,000, indicating that this wave is a real attack with genuine capital, not just driven by emotions. Moreover, the MA7 and MA30 have already crossed bullishly, making the short-term bullish trend very clear
So the conclusion is: the direction is right, but the rhythm should not be chaotic. It’s not suitable for heavy investment and all-in, but rather wait for a pullback to gradually accumulate
News Analysis: Backed by ETFs and whale entries, the market is not without foundation
Behind this wave of BTC's rise, it is really not just empty speculation. The key drivers are actually—ETF + huge whale capital inflow
BlackRock's IBIT has become the fastest-growing ETF in history, with managed funds exceeding 70 billion USD, which is the truest vote from institutional capital
It’s not just a slogan; it’s real capital entering the market
Although the overall ETF still has some outflows, if you look at the details—BlackRock has instead seen significant net inflows, indicating some divergence, but the main forces are accumulating
Additionally, the Federal Reserve's recent dovish stance and the non-farm data have given the market confidence, making the overall external environment positive for BTC. This rise is not a spontaneous idea but well-prepared.
My judgment: This is a rehearsal for the main bullish trend, not a trap
Want to follow whale movements, ETF data, and key point alerts in real-time? Follow us on the homepage to stay updated, as making profits in a bull market isn’t just luck!
After holding back for so long, Bitcoin has finally surged with its little brothers! The total market cap jumped to $3.43 trillion, with a daily increase of 4.22%. Look at that Fear and Greed Index, it just shot up to 64, firmly in the “greed” zone!
What does this mean? The market is hot, confidence is back!
Bitcoin leads the charge! The main character is still our BTC! After a half-month of consolidation, it finally broke free today, standing steadily at $109,500!
Technical analysts have been watching closely. Last week's “three upward movements” weekly pattern was practically a textbook bullish signal! Historical experience shows that when this pattern appears, an 8%-10% increase is basically standard in the following one or two weeks.
So, is it possible to surge to $115,000 now? Not a dream! Perhaps even higher? The pattern is opening up!
Little brothers, are you following? Absolutely! The big brother is charging, and the little brothers cannot back down! ETH performed well this week, up 8%+ to $2,699.
SOL and DOGE, these two lively ones, also didn’t want to be outdone, with increases of 5% and 6.6%, bouncing around happily. The most explosive were SUI and HYPE, both skyrocketing with double-digit gains!
Awesome! Is the altcoin season here? Not so fast!
Although the general increase in altcoins looks nice, we need to stay calm. Look at the altcoin season index, still lying at 30!
This means: there has been an increase, but we are still far from the real chaotic and explosive altcoin bull market! The focus of the main funds is still on Bitcoin for now.
In summary: This wave of rise is due to technical breakthroughs + warming macro sentiment + institutional support, threefold buffs stacked up! Bitcoin is the absolute engine, charging forward with unstoppable momentum.
Although altcoins are rising generally, it’s not yet the season where “you can win just by blindly investing.”
Brothers, buckle up! If you don’t understand candlestick patterns, position management, strategic planning, market-making techniques, cannot analyze international trends, don’t know how to manage your mindset, can’t do elementary math, and don’t understand investment research for altcoins, follow me for firsthand information #看懂K线
#加密市场反弹 Something big has happened! The ETH market has reached an important node today, and the market pattern has suddenly changed.
As a veteran in the crypto space, let’s deeply analyze the latest trends and the news behind it.
My judgment: Currently, it can be considered a strong rebound in the medium to short term, with sufficient support from capital and a stable technical pattern.
From 2,620, it has fought back to around 2,700, and market sentiment is leaning towards optimism. However, whales are still manipulating the market, and we may see a short-term pullback testing the previous support area of 2,600–2,620.
Therefore, the suggestions are:
Short-term long positions: If it stabilizes above $2,700 today, try entering long with a stop loss, targeting $2,850–3,000;
Conservative approach: Wait for a pullback: If today’s retracement does not break 2,600, consider entering in batches;
Aggressive approach: If BTC shows strong correlation, follow the trend upward, but be sure to set a take-profit point.
Technical aspect: V-shaped rebound + golden cross of moving averages + increased volume, bulls are active;
News aspect: Continuous ETF buying, BlackRock's positioning, whale wash trading, AI + DeFi collaborative explosion; Risk warning: Whales fleeing + market volatility still exists, do not go all in blindly.
Final statement: The upward momentum of Ethereum has been initiated, will the next move be a buying point or a pullback? It depends on your pace and risk control!
Want to understand how ETH will move next? Quickly visit my homepage for deeper market analysis + on-chain data interpretation!
I am a senior crypto blogger, the Turtle, helping you capture every market opportunity. See you there! ##比特币走势观察
Emergency Notice: Has the Shiba Inu Dog 'Bit Someone' Again? What Signal Lies Behind the $383,000 Liquidation?
Today, the SHIB price is still in a typical downtrend channel from a technical perspective, but suddenly liquidated $383,000 worth of long positions within 24 hours. Most of this liquidation was high-leverage long positions being wiped out, as the bears stepped on the gas, completely pressing the bulls down to the floor.
From the derivatives data, current market sentiment remains bearish. The negative funding rate and increasing short open interest indicate that the bears currently hold the initiative.
But here’s the problem: with so many people shorting, what if the market suddenly reverses and blows up the bears? That could be a classic 'short squeeze' scenario. The price action has already tested the lower support at 0.0000119 several times, and this level is crucial. If it holds, don’t be surprised if there’s a sudden spike in the short term.
Technical indicators are not very friendly. On the daily chart, SHIB's RSI has dropped to 38, indicating significant selling pressure; the MACD is also lifeless in the negative zone. This structure is a typical bearish control pattern, and the probability of continuing to decline is not small.
If it breaks below 0.0000119 next, be careful of accelerated downward movement, heading straight for 0.000009.
The turning point signal has not yet been confirmed. Historically, SHIB, a 'dogged' coin, tends to have some pullback action whenever it hits the lower band. Similar price movements occurred in March and April this year, followed by a sudden surge. Will this happen again?
The core factor is whether there will be an influx of capital or news stimuli in the short term. If the bears press too hard, they could also be squeezed out, which is not impossible. In short, SHIB now resembles a dog fixated on a bone: either it seizes the rebound opportunity or gets trapped in a cage.
Traders should pay special attention to the support level defenses in the coming days.
Want to see more real-time analysis and strategies for cryptocurrencies? Follow me, and I’ll help you understand market sentiment and traps in the most down-to-earth way every day. To catch the bottom, first, understand what’s buried underneath.
Understanding candlestick charts is a fundamental skill that must be mastered to enter the financial markets (including cryptocurrency, stock markets, and futures). Below, I will help you quickly get started with simple and easy-to-understand language, learning to read candlestick charts from scratch.
What is a candlestick?
A candlestick chart, also known as a "candlestick chart," represents the price fluctuations of a certain period. It consists of **the body (red or green bars) and the shadows (thin lines above and below).
What information does a candlestick contain?
Each candlestick contains 4 prices:
Opening price: the price at the beginning of this period
Closing price: the price at the end of this period
Highest price: the highest point of the price during the period Lowest price: the lowest point of the price during the period
Red candlestick (bullish): Closing price > Opening price: price rises
The red bar rises from the opening price to the closing price.
Green candlestick (bearish): Closing price < Opening price: price falls
The green bar drops from the opening price to the closing price. What do the shadows mean?
Upper shadow: the price once reached a higher point but did not close there.
Lower shadow: the price once fell to a lower point but then rebounded.
Looking at the shadows can help judge the market's bullish and bearish strength: long upper shadow: upward movement was rejected, bears are strong. Long lower shadow: downward movement was pulled back, bulls are strong. How to read common candlestick timeframes? 1-minute candlestick: each candlestick represents 1 minute of price fluctuations, suitable for ultra-short-term trading. 15-minute candlestick: suitable for intraday swings. 1-hour candlestick: suitable for observing short-term trends. 4-hour candlestick: commonly used for mid-term analysis of mainstream coins.
1-day candlestick: suitable for medium to long-term trend judgment.
Candlestick combination patterns (a bit advanced)
Here are some common signals (not guaranteed to occur):
Hammer (long lower shadow): a potential rebound.
Inverted hammer: a potential drop.
Engulfing pattern: a large bullish candlestick engulfs the previous bearish candlestick (bullish signal).
Doji: a stalemate between bulls and bears, a signal for a potential trend reversal.
In summary: Candlesticks are not fortune-telling; they are the "emotional diary" that records market sentiment. Understanding candlesticks is not about memorizing patterns but about seeing "who is stronger in the market."
Want to learn more about candlestick strategies, trend judgment, and real trading strategies?
Feel free to follow me, as I share the most practical technical analysis content in the cryptocurrency space every day, helping you progress from a novice to a practical trader!
Still don’t understand a certain candlestick chart? Send it to me, and I’ll teach you how to read it.
Urgent Notice: MASK plummeted violently to a low of $1.610 after reaching a high of $3.734 yesterday. It is currently oscillating around $1.628!
Technical Analysis: A massive bearish candle with a vertical drop on the 4-hour chart has shattered the upward momentum, quickly penetrating support and entering the oversold area.
Resistance Pressure: $3.734 is a deadlock above, which has been quickly rejected after multiple attempts to break through, establishing a short-term ceiling.
Support Observation: The new low of $1.610 serves as short-term support. If it breaks down, it may test the $1.50 area further; however, if it holds, it may consolidate to promote the next rebound.
News: Whale sell-off + CEO response adds to the emotional volatility.
Whale Sell-off: Latest on-chain data indicates that whale address 0x0f93 sold approximately 756,000 MASK (~$2.15 million), triggering a short-term drop of 17%.
Management Statement: CEO Suji Yan stated that the team is investigating the reasons for this significant drop and will provide a solution within 1-2 days, indicating that the project may take action in the short term.
Strategy Suggestions: Operational advice suggests that short-term low longs can be lightly tested in the range of $1.61–$1.63, combined with volume and trend confirmation for quality stop-loss positions. If it drops below $1.60, one should decisively exit to prevent further deep drops. If the rebound initiates, the target range is $2.20–$2.40, comparing the previous highs for repeated testing.
Summary: MASK is currently in a transitional phase of "emotional repair + news speculation." If a short-term reversal is confirmed, there is operational space, but caution in position control and strict stop-loss measures are still necessary. Pay attention to the subsequent effects of the CEO's arrangements and whale fund movements.
If you want to know more about real-time technical breakdowns, major news triggers, and whether a panic rebound can be expected,
Feel free to like + follow this account, and I will continue to update operational suggestions and graphic strategies! #币安Alpha上新
##中美贸易谈判 CPI is coming, is the market really ready?
This week is a crucial battle, as the Federal Reserve's barometer — CPI and PPI data are about to be released. Rumor has it that the inflation in May may 'accelerate', and the driving force behind it is actually Trump's tariff war. Companies are not foolish; as costs rise, they immediately pass it on to consumers, resulting in — the CPI data rising, with core inflation estimates increasing from 2.7% to 2.9%.
In simple terms, if the Federal Reserve sees this data, it must think twice about cutting interest rates; if inflation can't be contained, how can they inject liquidity? The expectation of interest rate cuts is suddenly put into question.
Looking at the cryptocurrency market, volatility is flatlining. BTC's short-term implied volatility has dropped below 40%, while ETH is still holding steady at 65%. The market seems 'calm on the surface', but in reality, funds are waiting for the big data to land before deciding on a direction. Most traders have simply chosen to sit on the sidelines, hesitating to go long or short.
Meanwhile, regulators have not been idle — the SEC will hold a 'DeFi Roundtable' tonight, and the topic sounds intense. The 'Crypto Market Structure Bill' is also on the agenda, and the ETF space is not peaceful either; the Litecoin ETF is likely to be 'delayed' again.
Ultimately, whether it's macro data or policy signals, this week is a small window determined by the overall situation. Jumping in now might lead to getting on the wrong train; continuing to wait raises the fear of missing key signals.
I have my views, I control my positions, I keep an eye on the rhythm.
For more real-time analysis + strategy sharing, follow the homepage, don't get lost ##中美贸易谈判
What's the next step for Ethereum? Between long and short, can altcoins turn around by looking at its face?
ETH is currently stuck around 2490, which at first glance seems like sideways movement, but in reality, it is the eve of a directional choice. The 'mother of altcoins' on the chart has attempted multiple times to break through the upper 2700 range, but has been ruthlessly pushed back each time, forming a standard oscillating top structure. In other words, this bullish run is a bit weak, like struggling to climb stairs.
How to look upwards?
The upper space is not small; if it can break through the 2700 line and stabilize, the expected target range is between 2950-3050, with a potential profit of up to 500 dollars, which is a boon for contract players. But the premise is that trading volume must follow, rather than being a 'false breakthrough and true lure.'
What to do downwards?
The support level is in the 2250-2150 range, which is a typical 'previous bottom pullback area.' If the bulls truly lack the strength to rebound, this area is likely to get filled, giving a downward space of 200-300 dollars. Don't forget, it previously oscillated around this area for a while, and the funds still remember this position.
Here's the key: Altcoins depend on ETH's performance.
The current market is very realistic; BTC is the steering wheel, ETH is the accelerator, and altcoins are the rear of the car. If ETH remains stagnant, there’s basically no operational space for altcoins. Do you think altcoins have a spring? Yes, but they have to wait for ETH to shine.
Personal opinion: At this position, I do not recommend blindly bottom fishing, nor is it worth chasing after rises. Continue to observe the direction around 2490, and for short-term trading, play within the range; don’t fantasize about making it in one step, as trends cannot be reversed just by shouting slogans. ##韩国加密政策 ##币安Alpha上新
If you don’t understand candlestick techniques, position management, strategic planning, market-making methods, cannot analyze international major trends, lack mindset management, or can't do elementary school math (contracts require calculations), and are still not familiar with investment research in altcoins, follow me for first-hand information.
【Is XRP really going to crash? "Death Cross" is coming, and whales are instead buying 190 million coins?!
Recently, XRP has been a bit mysterious. A "Death Cross" signal, which is not very auspicious, has just appeared on the technical front, yet large holders on the blockchain are quietly buying at this critical moment—directly purchasing 190 million coins in just one week.
Is the market really about to reverse, or are the whales just setting up for a pump and dump? Let's break it down.
How scary is the "Death Cross" really? This "Death Cross" appeared on the 4-hour candlestick chart, roughly at the end of May. Simply put, it means that the short-term moving average has crossed below the long-term moving average. Historically, this kind of trend is often accompanied by short-term corrections or declines—this happened in March when XRP dropped 23% within a week.
If we calculate based on this ratio, if history repeats itself, XRP could drop from the current $2.18 to around $1.68.
The technical pattern is also compounded by an "inverted cup and handle," which is another bearish formation. If the price cannot hold the support level of $2.06, it could indeed drop below $2 and even test around $1.70.
Whales: While others panic, I buy the dip. But the problem is, on-chain data shows that whales have been increasing their positions at this time. According to Santiment data, in the past week, addresses holding between 1 million to 10 million XRP have collectively increased their holdings by 190 million coins.
It's important to know that these guys are usually smart money. They don't act lightly; when they do, it often means they know something in advance.
Possible positive news includes: Ripple's tug-of-war case with the SEC is about to see significant progress, with new developments possibly announced as soon as June 16; The probability of XRP spot ETF approval is bullish on Polymarket, with 88% of people betting on approval by the end of the year.
Conclusion: Is the "Death Cross" really a decline, or are whales aiming for the next bull market? The technicals are indeed not looking good, but on-chain behavior reveals a glimmer of hope. The key point now is whether the $2.06 support can hold.
If it holds and the price can rise above $2.20 again, then the "Death Cross" might just be a false alarm.
I will continue to track the movements of XRP whales and the latest developments in the Ripple lawsuit. If you're interested, remember to like and follow so you don't miss any key turning points! #韩国加密政策 #币安Alpha上新
The reasons behind this crash are not without clues. The 30-day implied volatility has fallen to a nearly 11-month low, institutional participation has sharply declined, and both CME futures and options open interest have also noticeably decreased—marking a wait-and-see period for the market.
Meanwhile, BlackRock has reduced its BTC holdings to switch to ETH, resulting in a continuous net capital inflow into the ETH ETF for 11 days, while funds have been partially drawn away from BTC. Additionally, Circle's IPO is in high demand, which could lead to a shift of funds from the crypto market to traditional capital markets.
Technical Analysis: Key levels to be cautious of $105,000–$105,500: The main resistance zone currently facing BTC, belonging to the recent high point area. If it cannot break through, there is limited upward momentum in the short term. $104,000: The latest high point from May tested on the daily chart; if it fails to hold, it may trigger market panic. $102,420: The lower Bollinger Band support point; if broken, it may further probe down to around $100,000.
If the support at $102,420 fails, the next support level looks towards the $95,000 area, and it may even dip to the $92,000 CME gap.
The fluctuations on June 6 caused over $1 billion in positions to be liquidated, but BTC is still oscillating violently within the $100,000–$105,500 range. If buying pressure can remain strong and hold the $102,420—$104,000 support, then a short-term rebound may continue. Otherwise, if it breaks down, the next move could be towards $95K or the CME gap.
These levels determine the short-term operational rhythm, and the ability to achieve arbitrage profits lies in the defense of these points.
Feel free to follow me; in the next article, I will continue to analyze the next trends of ETH and BTC from the perspectives of arbitrage and capital flow.
Something big has happened! This blogger urgently notifies—today's ETH market welcomes a super hotspot, not only the candlestick violently fluctuating, but even the news is explosive, hurry and read on!
1. Latest market trend 📈
From the 15-minute chart on the screen, ETH initially peaked at around $2700 today, then plunged sharply to a low of $2390, and is currently stabilizing around $2497 at closing; the daily fluctuation exceeded $300, which can be described as 'rising power' followed by 'sudden brakes'—it appears to drop quickly and rise sharply, and short-term risks cannot be underestimated.
In terms of candlestick patterns, a typical 'false breakout + pullback' trend has emerged: profit-taking is evident near the highs, followed by a deep squat test, currently rebounding to around 2500, but the volume is weak. Both MACD and RSI show signs of saturation and pullback, but remain in a neutral zone.
Brothers, today's MERL dish is a bit spoiled! In the early session, it directly staged a 'painting door market' — violently pushing up to 0.14950 USD
Emergency notice! Big moves are coming! The MERL/USDT perpetual contract is performing a high-altitude bungee jump, the market makers are sharpening their knives!
Technical analysis disassembled in bloody detail Key levels are being closely monitored: Resistance level: 0.1495 (early session high) has become an iron ceiling; without a volume breakout, it’s just playing tricks! Support level: 0.1027 (near current price) is barely holding, but the 0.1000 psychological level is the real boss! Once it breaks below, we’ll directly look at 0.095.
Intraday chart shows wild fluctuations: The 15-minute candlestick resembles an electrocardiogram; market makers are clearly drawing a triangle between 0.1027 and 0.1100, a direction must be chosen tonight!
Funding situation plays tricks: Funding rate -0.0044% (bears are profiting), indicating that the bears are secretly building positions, but the rate isn’t high yet, still not in the extreme short-squeeze phase. Open interest is 1.9 million USD; this amount of capital is insufficient for the market makers, and any moment can be pierced by a large order! Basis -0.00018, futures players have already started panic selling.
Hidden dangers in the order book: Buy order at 0.10276 has 3.886K MERL (about 400K USD) hanging there; looks substantial? But below at 0.10271, there’s an instant drop! Sell order at 0.10275 is suppressing 538 MERL (only 50K USD); this thin resistance can be pierced by a single 4000 USD sell from the big player!
Order ratio +0.10% (pretending bulls are dominant), but in reality, it’s all fishing orders, seasoned investors understand this!
News update with strong implications (just found out!): The project team tweeted in the middle of the night: The MERL team suddenly announced a delay in the mainnet integration this morning, as the technical flaws haven’t been fixed! A major bearish signal confirmed! On-chain data alerts: Whale address 0x7f3...d4a recharged 2 million MERL (worth 200K USD) to Binance early this morning, clearly aiming to dump!
The overall market is dragging behind: BTC is stuck at 104795, ETH is declining on low volume, altcoins are bleeding profusely; does MERL want an independent market? Dream on! ##非农就业数据来袭 #科技巨头入场稳定币 If you are still losing, it’s not the crypto market that’s trapping you, it’s that you lack a strategy!
Stay close to me, I'll help you get on board with your brain, not with your guts!