The ETH 4-hour chart has just shown a key signal, while on-chain whales are frantically 'betting'—some are aggressively increasing their positions with 100 million USD worth of ETH, while others are shorting 240 million! Where is this market really heading? Look below, Zhou Yi will help you decipher!
Technical signals have already drawn their swords.
From this 4-hour chart, ETH now looks like a 'woken lion': the MACD yellow and white lines have already crossed, steadily climbing above the 0 axis, which is a sign of a short-term strengthening! But don't rush in, there are two big mountains above: 3090 is the daily resistance, and 3250 is the strong rebound resistance. There are also two lines of defense below: 2940 is a key short-term level, 2810 is support, and if it drops significantly, we still need to watch 2650.
Currently, the price is fluctuating around 3014, with volume varying greatly, indicating that both bulls and bears are testing the waters. RSI is above 50, but it hasn't entered the overbought zone yet, leaving room for a rebound.
News about the giant whale's 'split operation'
On one hand, a giant whale has quietly withdrawn 3365 ETH (about 10.2 million USD) from exchanges, continuously accumulating 30,000 ETH for half a month, as if laying out a secret plan; on the other hand, the 'bro' big player has reduced their long positions in ETH, and another giant whale has aggressively increased short positions in BTC, ETH, and SOL, with a total position of 243 million USD!
What does this indicate? Big funds are also divided! Some are betting on a rise, while others are betting on a fall; the market is about to choose a direction.
Views and Strategy Suggestions of the I Ching
I believe ETH is still bullish in the short term. The MACD golden cross is not just for show; it's likely to push towards around 3090 first. But if it can't get through here, be careful of a quick pullback to the 2940-2810 range. 3250 is a strong resistance; without significant good news, it won't break through in one go.
How should players play?
Short-term players: You can try going long with a small position near the pullback at 2940, targeting 3090, and set a stop loss below 2900.
Conservative Approach: Wait for a breakout above 3090 and stabilize before chasing, or buy on a rebound if it falls to around 2810.
Important Reminder: Don't heavily chase after the rise near 3250; that's a bear ambush zone!
As the market reaches this point, it has entered a 'critical stage.' The giant whale is betting, and technical changes could cause violent fluctuations every hour. If you don’t want to miss the next opportunity for ETH's explosive rise or sharp drop, pay attention to the I Ching; I will provide real-time entry and exit points in the chat room.#ETH走势分析 $ETH
