ETH: Is it a buildup or a crash? The battle at the $3000 threshold!
How many stories of "getting rich overnight" and "going to zero overnight" have you seen in the crypto world? The trader who turned a capital of 500,000 into 3,340,000 and then lost it all in an instant is the best warning.
Currently, ETH is stuck at the $3000 threshold, a critical point where both bulls and bears are fighting fiercely. The EMA15 on the daily chart has broken down, and the MACD bearish momentum is increasing; the Bollinger Bands are tightening, with the middle band at 2976 becoming a key support. Yet, the whales are quietly accumulating, with holdings reaching an all-time high.
Is this the calm before the storm, or the eve of a V-shaped reversal?
The Fusaka upgrade has just been completed, and the new skill that expands capacity eightfold has yet to be deployed; institutional net inflows into ETFs in the third quarter have already surpassed Bitcoin, but Japan's interest rate hike "nuclear bomb" is also looming overhead.
2750 is an escape pod for the cautious, while 3080-3090 is a sniper point for the bears. Remember: in this market, surviving is more important than making money.
What you fear most is either catching the bottom halfway up the mountain or missing out at the peak?
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