ETH has been fluctuating all day today, not breaking below 2900 nor surging above 3000, now stuck around 2930 neither up nor down. But the upcoming trend is bound to be tumultuous—giants dumping, options expiring, central banks signaling, ancient wallets moving... all signals are frantically hinting: a storm is brewing.
News flash: A giant whale dumped 100,000 ETH. Is it a top exit or a market washout?
A giant whale dumped 100,000 ETH: Just now, the 'BTC OG insider whale' sent 100,000 ETH worth nearly $300 million to Binance! This is clearly preparing to offload, and the short-term selling pressure is enormous.
The ancient ICO god awakens: A wallet that has been dormant for 10 years suddenly moved, transferring all 2,000 ETH. This kind of 'ancient sell-off' is often one of the signals of a market top.
Bitcoin Options Historical Largest Expiry: On Friday, $23.6 billion worth of Bitcoin options will expire, with the maximum pain point at $96,000, which may drive the entire crypto market to rally first.
Bank of Japan Warns of Inflation Risks: The depreciation of the yen may push up inflation, and funds may flow into crypto assets, but this is a medium to long-term impact.
Lord's Opinion: Huge whales offloading + ancient anomalies = severe selling pressure; however, the option expiry may first drive the price up to entice longs. The news is contradictory but has its rhythm—first enticing longs, then crashing down. If you're unclear about the specific entry points, you can follow the lord for real-time reminders, 24 hours a day, for friends who have followed me before. Chat Room
Technical Analysis: 1-hour candlestick chart, full analysis of key points.
The price is currently stuck at 2930, oscillating near the middle Bollinger band, with upper and lower bands narrowing, indicating that volatility is about to expand.
Volume Shrinkage: The daytime trading volume is low, which belongs to the calm before the storm.
Key Support 2900: Several dips today have not broken this level; if it falls below, it will head straight for 2850.
Key Resistance 2980–3000: The daytime high is 2986, which is also a psychological barrier.
Technical Summary: The 1-hour chart shows a triangular convergence, with a change imminent. The upper pressure at 2980 is heavy, and the lower support at 2900 is weak. The technical analysis supports a false breakout upwards before turning downwards.
In terms of operations: If it rises above 2980, don’t chase the longs; instead, it’s an opportunity for shorts. If it breaks below 2900, chase the shorts looking at 2850. Keep positions light and maintain stop-losses; volatility will explode tonight!
If you are not holding a position of 5 million, please follow the lord's real-time suggestions in the village to avoid liquidation risks. The current market is unpredictable, and each villager has different positions; please update the entry points announced by the lord in the village in real time! Chat Room
Personal Opinion: Mixed news with both bullish and bearish elements, with huge whales selling off, but there are also favorable macro policies. The technical approach follows a high short strategy, and the whales are ready with their scythes, options are primed to ignite, and what's next is either a rise to the heavens or a plunge to the ground—but remember, bull markets can have sudden drops; don’t be fooled into jumping on board by a spike! ETH tonight's script: A rise is just a gift for you to short!
The market always has opportunities; the key is to operate calmly. The lord will continue to help everyone monitor the on-chain dynamics and move steadily forward together! Follow the lord and participate in every attack by the lord's villagers! The lord will announce the specific entry times and real-time news every day in the village!
