ETH long short tug of war: $270 million in large orders pouring in, key breakthrough imminent?
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In the past 24 hours, ETH major holders have accumulated a total of 274 million US dollars in buy orders and a net buy of 78.88 million US dollars. At the same time, in the 90 minute custom cycle, ETH has been bullish for 7 consecutive days, and its short-term trend is relatively strong. It is recommended to focus on the pressure level of $3303. If it breaks through, it will further attack $3350 and support below $3100. Special note: ETH has shown a clear long shadow and touched the EMA24 moving average with a 3H cycle, which may form a meteor line (reversal pattern). Close attention should be paid to the closing situation. The data is for reference only and does not constitute any investment advice!
