#加密市场回调 ETH plummeted from 4700 to 4452 last night, then violently rebounded to 4635. In the 1-hour chart, the KC middle track, moving averages, and MACD three lines are intertwined. Is this wave a "real counterattack" or a "bull trap"? You will understand it instantly after reading!

Technical Core Signals

KC Channel: The current price is below the middle track of 4696; a breakthrough will target the upper track of 4779. If it falls below the lower track of 4612, the support at 4452 may face another impact.

Moving Average Game: The 7-day moving average of 4682 is about to golden cross the 30-day line of 4711, determining the outcome of "trend reversal" or "continuation of decline".

MACD Anomaly: DIF is rapidly rising close to DEA, with a golden cross imminent, but weak volume hides potential risks!

Dark Horse Driven Surge / Plunge

On-chain Bottom Fishing: During the plunge, whales crazily absorbed 120,000 ETH, with a clear wash signal;

Cancun Upgrade: Layer 2 performance exceeds expectations, becoming a "powder keg" ready to explode at any time;

Macroeconomic Shift: Expectations for Federal Reserve interest rate cuts are rising, with funds accelerating back into crypto!