ETH's one-hour chart has exploded! Green bars shooting up, yellow and white lines forming a golden cross at the zero axis, buy orders are booming! If you are holding ETH right now, is your heart already racing? Don’t panic, let’s analyze how this wave of market movements will unfold!
The news has exploded: BTC options worth 23.6 billion are set to expire, maximum pain point at 96,000!
Today, Bitcoin is set to face the largest options expiry in history—worth 23.6 billion dollars! What's the key? The overall sentiment is bullish, with the maximum pain point at 96,000 dollars. The market is likely to push upward! ETH has always followed BTC; when BTC rises, can ETH not follow? The news is favorable; this is a clear signal!
Technical breakout point: ETH's hourly chart has entered a 'sprint formation'
Currently, ETH's hourly MACD golden cross is steadily rising, with buying pressure consistently greater than selling pressure, indicating that the bulls haven't stopped! I've clearly marked the key positions for you:
Upper pressure: 3011 (intraday pressure), 3054 (pullback pressure)
Lower support: 2966 (neutral point), 2926 (intraday support), 2885 (strong rebound support)
Currently, the trend has broken through the previous consolidation range, and a high surge is highly probable! But be careful: if it approaches 3011-3054, there will be pullback pressure, so don't blindly chase the highs!
Zhou Yi's view: bullish tonight, but don't rush blindly!
Combining news and technicals, ETH is likely to continue testing upward today, with 3011 likely to be broken, possibly even touching 3054! However, if it approaches 3054, be cautious of a pullback in the short term! If it pulls back, first look at the 2966-2926 range, where a rebound can be taken; if it breaks below 2926, then watch the area around 2885.
Zhou Yi's advice:
If you already hold: reduce positions in batches above 3011, keeping some for 3054.
If you want to enter: wait for a pullback near 2966 to buy low, with a stop loss placed below 2926.
If you are shorting: only lightly try shorting near 3054, quick in and out!
This wave of market is not over yet! The expiration of BTC options is just an appetizer; if ETH breaks through 3054, it might directly sprint to 3100+ next week! But how to catch the key points? When should you run? Follow Zhou Yi, join Zhou Yi Village, and let us guide you in bottom fishing and peak escaping without getting lost!
I am Zhou Yi, no boasting, no empty promises, just speaking with data.#ETH走势分析 $ETH
