ETH has surged to around $3000 and then retreated! Sister Xu directly points out the key: the death cross signal has emerged, retail investors should not foolishly jump into this market, beware of being trapped! Those who want to analyze the market with me, quickly follow Sister Xu, and I will clarify the market for everyone!
First, let’s look at the news, major institutions are bearish on ETH. Fundstrat's analysts say that ETH could drop to $1800-2000 in the first half of 2026. Although this is a medium to long-term prediction, the attitude of professional institutions towards the future market is already quite clear. Large funds are proactively mitigating risks, and we retail investors should not blindly follow trends, otherwise, it’s easy to get cut.
Looking at the technical aspect again, the death cross signal combined with shrinking volume indicates that ETH's recent rise is nearing its end. On the hourly chart, the MACD has a death cross above the 0 axis, which is a typical signal of insufficient upward momentum. More importantly:
Volume cannot keep up: When prices rise without volume, it's like a car running out of gas; it can't go far.
Clear resistance level: $3000 is a strong resistance level, and $3100 is even harder to break through.
Capital flow is not right: Although there is some short-term inflow of funds, the 10-day data shows a significant outflow, indicating that the main force is pulling up to sell, and retail investors should not be fooled.
Sister Xu believes that ETH is likely to consolidate sideways over the weekend and then break downward. It is difficult to hold the $3000 position, and the rebound limit is in the $3000-3030 range, after which it will turn downward. Once it breaks the key level of $2870, the next target will be $2770. The reason is simple: the overall trend is downward, the death cross signal has appeared, and funds are still flowing out; what can continue to rise?
Operational advice for retail investors:
Never chase highs: The area around $3000 is a selling point, not a buying point; don't be the one to pick up the pieces.
Short selling opportunity: You can short in batches in the $3000-3030 range, set a stop loss at $3050, and initially target $2870; if it breaks, then look at $2770.
Don't rush to bottom fish: If you really want to bet on a rebound, at least wait until it drops to around $2770 before considering, and keep a light position, in and out quickly, don't be greedy.
If you don't know exactly when to enter and exit the market, or if you are already holding a position but unsure, quickly follow Sister Xu. I will announce the coins, entry points, and exit timing in the chat room every day to help everyone grasp the market!
