Surge or waterfall? $ETH the whale has already set up a good situation at 3077, and you are still asking for direction?
The market always accumulates power in silence and erupts in noise—right now this narrow fluctuation is not the end of the market, but rather a significant breath for ETH before the showdown between bulls and bears.
1. Latest technical analysis!
1. MACD: The yellow and white lines are above, indicating that the short-term bullish structure is still intact and breathing. However, the length of the bars is tepid, showing that the upward momentum is severely lacking, resulting in a “neither strong nor weak” stalemate.
2. Trading volume: Most K-lines are small bearish and bullish with reduced volume, indicating a quiet market with strong wait-and-see sentiment.
3. MA moving averages: The high adhesion of these multi-cycle moving averages is a typical technical feature of a non-trending oscillating market, directly confirming the current market situation where prices fluctuate within a very small range.
2. Latest on-chain and news!
1. The market is still digesting the regulatory expectations for Ethereum ETFs, and any rumor could become the catalyst for a trend change.
2. On-chain data shows that some smart money and whale addresses have recently increased their activity in the 3000-3060 range, continuous accumulation indicates that large funds believe this area has layout value.
3. Over 73 million USD in ETH short liquidations in the past 24 hours is a key signal.
Remember! The end of narrow fluctuations often marks the beginning of a unilateral market!
I am Gao Ge, top technical support, only serving those with ambition and vision!
#美联储重启降息步伐 #美SEC推动加密创新监管 #ETH巨鲸增持
