ETH tonight might really change the game!
After playing with a small 10 ETH for 50 hours,
the ETHFI staking is about to expire!
Now ETH is fluctuating between 1620 and 1645 USD,
with both bulls and bears fighting fiercely at the middle Bollinger Band of 1624 USD.
There are two big movements on the chart:
A sell order of 1200 ETH above 1640 USD
(around 1.96 million USD)
While 42,000 ETH is hiding at 1620 USD as protective funds
(valued at 680 million USD)
This position is like a landmine; a slight misstep could lead to liquidation.
Three danger signals are flashing red:
The net inflow of ETH in exchanges suddenly surged by 37%,
Tonight, there is a high probability that
the US stock market will experience a spike-and-crash phenomenon;
Technical indicators are clashing, and the daily chart is about to form a death cross,
but the weekly MACD has turned positive again,
This contradictory trend often means either a massive surge or a crash;
BlackRock suddenly released news about an ETH spot ETF,
This clearly indicates that the whales aim to leverage the news to inflate and crash the market for profit.
This situation is like a casino game of high and low,
It is recommended that retail investors either set stop-loss orders or just watch the show,
Never blindly trade based on news.
Remember: whale protection does not mean there won't be a breakdown,
The buy order of 42,000 ETH could also be a trap to lure in buyers!
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