Brothers, the market has exploded! Just now, Ethereum shot up violently with a strong bullish candle, surging from $3200 to $3336, and the entire network is in a frenzy. But just at the moment when everyone shouts that the bull market has returned, on-chain data reveals a more shocking signal—there's a large amount of capital quietly laying out a severely undervalued track, and the movements of Injective may just be the prologue to this grand performance.
Today we won't talk about those clichés; I'll directly take you to break down three key questions: Who is really in control? After the surge, is it a trap or an opportunity? Who will be the next to explode?
1. Huge whale tracks exposed: behind this wave of rise lies a triple code.
When observing the market, you cannot just look at the price; the order book data on the right is the true footprint left by the main players. Today, these three sets of data completely exposed the underlying strength:
Ironclad Evidence 1:委比 +0.63%,委差 +134.5
These two pieces of data directly translate to: the number of buyers significantly exceeds that of sellers, this is not retail chasing, but organized capital entering the market to sweep up.
Ironclad Evidence 2: The 'Wall' at the price level of 3327.10
A large order of 24.366 ETH, openly displayed at over 80,000 USD. This is not a bottom support; it is a clear signal telling you: at this position, I have you covered, it won't drop.
Ironclad Evidence 3: The 'Panic Surrender' of the bears
Price violently broke through the key level of 3200, directly exploding the bears. They were forced to cover their positions, which in turn fueled the rise, forming a 'short squeeze'. This kind of movement must have been a premeditated breakthrough, definitely not an accident.
But what's more interesting is coming—just when the mainstream focus is on ETH, the on-chain activities and futures funding rates of Injective (INJ) also showed synchronous abnormal signals. Is this just a coincidence? Or is there a bigger layout happening simultaneously?
2. Next, closely monitor these two areas: they will determine whether you feast or foot the bill.
The market never moves straight up or down; after a surge, there must be a battle. The next two positions will determine the trend for the coming week:
1. Life-and-death pressure zone: 3400-3450 USD
This is the previous high point that rebounded multiple times, filled with trapped positions. The price surged to 3336 and immediately fell back, indicating that someone has started to take profits. Whether the next charge can break through here with volume is the real touchstone for bulls and bears.
2. Life support zone: 3250-3280 USD
This is the latest boundary line for bulls and bears. Previous resistance must now be converted into support; a breakthrough is only considered effective if it can stabilize here. If it pulls back to here and holds, the trend is still in the bulls' hands; if it breaks down, it is likely just a one-day event.
And during this fluctuation process, public chains like Injective, which possess strong ecological fundamentals and unique deflationary mechanisms, often become the preferred choice for capital switching. Its trend may signal in advance whether the market's risk appetite has truly shifted towards 'ecological narratives'.
3. Old Li's harsh words: what should be done now? (Directly providing strategies)
If you are already on the bus:
For those who entered at low levels (cost below 3000): hold on, let the profits fly. Stop loss can be moved up to 3280; no break, no exit.
For those who rushed in at high levels: if the position is heavy, you must reduce your position around 3330-3350, first withdraw the principal, and use profits to gamble. Greed is the biggest enemy after a surge.
If you have not boarded yet:
Remember, do not rush in now! The day after a surge is the easiest time to get trapped.
Two entry points:
Aggressive: wait for a pullback to stabilize at 3280-3300, take a small position for testing, stop loss at 3250.
Conservative: wait for a second breakout above 3350, confirm the trend on the right side before following.
Everyone must be wary of a high-level trap—volume-price divergence.
If the price rises slowly, but the trading volume keeps decreasing, this is a clear signal of weakening upward momentum. Once it appears, regardless of profits or losses, first step out to take a look. At the same time, pay attention to the capital inflow situation of assets like Injective; if the market focus successfully shifts from 'pure price speculation' to 'ecological value discovery', the connotation and sustainability of this market wave will be entirely different.
Final summary
Today, this line indeed reversed the short-term weakness, but bull markets always rise amid divergences. What you need now is strategy, not passion.
Here are two phrases for you:
The authenticity of the breakthrough is determined by the pullback.
Those who can buy are apprentices; those who can escape are masters.
Set 3250-3280 as your decision line; be optimistic above the line and cautious below it. At the same time, pay some attention to those assets (like Injective) that are consolidating and building momentum during the rise; they may be the next card the market has prepared for you.
The market is always changing, but logic does not. Stay alert, stay sharp.
