Brothers, the Xinying urgently monitors the market! Just this afternoon, the 'BTC OG insider whale' that shook the market has moved again! In just 30 minutes, he crazily increased his position with 5x leveraged long ETH, pushing the total position to 492000000 dollars, floating profit of 10500000 dollars!
This is no longer a layout; this is an open declaration of 'war'. But brothers, can retail investors really keep up with the whale's feast? Let’s look at his bloody trading position—average entry price 3185, and at this moment ETH is hovering on the critical cliff at 3238!
News: The whale's bold gamble, or are we being lured into a trap?
This whale, from BTC to ETH, from short to long, makes money with every step on the corpses of the market. Before the big drop in October, he shorted BTC and made 100000000 dollars, and now he has turned his gun around, betting nearly 500000000 dollars on ETH's rise.
But have you thought about it? Why did he choose to leverage crazily at 3238? Because this is the life-and-death line of technical analysis—upward can attack heaven, downward will fall into the abyss. His cost is 3185, what is your cost?
Technical aspects (4-hour chart): All indicators are screaming 'danger'!
Key position: Current price 3238.68, precisely at the inflection point between long and short at 3300 and strong support at 3064. Above, 3400 and 3446 pressure is like a mountain, below, 3000 is the psychological defense line.
Volume-price divergence: Although volume is strengthening, prices are hesitating at key levels. This is a typical 'volume stagnation,' often indicating that the main force is distributing chips, covering the whale's building position as a smokescreen!
Indicator watch: RSI and MFI have all entered the 'watching area', neither overbought nor oversold. This means market sentiment is extremely contradictory, and it may choose a direction at any time, and once chosen, it will be a waterfall or a surge.
Structural crisis: Prices have formed a dense trading area in the 3238-3300 range. If the whale does not exert force anymore, once it breaks below the 3238 watershed, it will directly pierce the support at 3064. At that time, the 5x leveraged whale might be able to hold on, but what about your position?
Xinying's view: Short-term drastic fluctuations are inevitable, beware of 'long squeeze'
The whale is not a savior; he is a predator. He built his position at 3185 and has now pushed it up to 3238, with floating profits of 10.5 million. He could take profits and sell off at any moment.
My judgment is: ETH will face strong pressure at 3300. If it cannot break through with volume, it is highly likely to pull back and test the 3185-3064 range. If it breaks below 3064, the trend may turn bearish.
Remember: Whales never notify you when they are eating meat.
Players look at the response strategy:
Short sellers: Don't chase! Consider light long positions only after stabilizing at 3300. If it breaks below 3238, then totally wait and see.
Aggressive traders: Only do right-side breakouts. A breakout above 3300 followed by a pullback confirmation allows for very small long positions; if it breaks below 3238 with volume, consider light short positions. Be sure to maintain tight stop losses.
Conservative traders: Give up guessing tops and bottoms. Before breaking below 3185, just watch and do nothing. Only after an effective breakout of 3300 or stabilizing after dropping to 3064, can you layout in batches.
Xinying has outlined the 'safe zone' and 'danger zone' for you.
In this game dominated by whales, blindly following as a technical novice is just sending your head. If you don’t want to become 'fuel' at the whale's feast, follow me, privately message me in the chat room 'ETH offense and defense,' and I will give you:
Accurate ambush points in the whale's cost range.
The stop-loss lifeline that must escape when broken
Confirmation follow-up signals for right-side position increases after a breakout.
The market will not give you a second chance, especially at the moment when the whale tears. Do you want to be the hunter who sees the map clearly, or the prey who stumbles blindly?#加密市场反弹
If you don't know the exact entry and exit points, and the fans holding positions can follow the Xinying homepage, the Iron Eagle will announce the daily coins and entry points as well as exit timing in Xinying Town 24 hours a day!!!$ETH
