Brothers! Is your phone vibrating? ETH has directly exploded in the friend circle, hurry up and watch the show!
Last night, the 'Bitcoin Ancestor Dragon' who had been dormant for eight years woke up again! He directly smashed 160 million USD in the 2900-3000 range, going all in on ETH with 5x leverage! This move made everyone's eyes pop out. But if you look at the 4-hour K-line, the MACD is actually forming a death cross against this 160 million in real money, it's simply a battle of the gods!
This Ancestor Dragon is not something retail investors can compare to, holding 50,000 ancient BTC basically unchanged, and his recent operations are incredibly sharp: during the flash crash in October, he accurately shorted a few hours in advance, effortlessly making a billion; every time he acts, it’s as precise as the Fed’s announcements or Trump’s tweets. This time, daring to use 5x leverage near 2900, he either smells a top-tier bullish signal in advance or... is digging a massive pit for everyone.
The technicals are even more stimulating:
Current price 3078, with dual iron resistance at 3200-3270, like two mountains; below, there are dual insurance levels at 2900-2750 waiting to catch people. The MACD death cross is flashing red, but the trading volume is secretly expanding, and the peak of chips continues to decline, clearly indicating that there are major players aggressively absorbing the goods in the dark!
In a word: the Ancestor Dragon is the commander of the bulls, while the indicators are flashing the bears' brake lights. 3200 is the immediate dragon gate; whether it can burst through in one go depends entirely on whether this 160 million in bullets can withstand the massive selling pressure. If it can't hold, a retracement to 2900 before taking off again is also entirely possible.
Tonight, will it be a king's return or a bait leading to a big plunge? Old friends, get your leverage ready, get your sunflower seeds ready, prepare to watch a blockbuster!


