Zero怀疑人生

Just looked at a chart of ETH order book, in one sentence: volume breaks all short-term moving averages, MACD negative value expands, bearish momentum hasn't stopped yet.
The U.S. stock market is closed this weekend, no external buying; next week, Japan is almost certain to raise interest rates, yen carry trade unwinding, global risk assets will experience a wave of liquidity withdrawal.
Expected to break 3,000 at the beginning of the week, first target 2,880–2,920; if the Bank of Japan's press conference leans more hawkish, we could extreme see 2,750.
If you want to grab a rebound, don't rush, short again at 3,150–3,180, with a stop-loss at 3,220; spot traders wait to buy in batches around 2,800, and if it breaks 2,600, then admit defeat.
$ETH
#日本加息已成定局

pippin's outlook for the next 24 hours
1. 1h/4h/daily RSI are all in the overbought zone (78–82), short-term profit-taking pressure is significant, and the technical correction pressure is at its highest.
2. $0.24–$0.26 is the recent breakout level, which has turned into a concentrated clearing area for bulls; if it retraces, the $4.8 million leveraged long positions may trigger a chain liquidation, accelerating the decline.
3. The funding rate has turned negative (Binance -0.33%, Bybit -0.75%), although this temporarily suppresses short selling, it indicates that bulls are overly crowded, and the negative rate is unsustainable, leading to a more severe reversal when it occurs.
4. $0.06 (approximately $0.24) is a key support level that has been tested three times in the past two weeks; if it touches again, it could easily break down, with the next support directly at $0.05 (≈ –20%).
The next 24 hours are more likely to pull back to the $0.24–$0.25 range; if it breaks below, it will quickly slide towards $0.22 or even $0.20.
#pippin #btc