In the language community live broadcast: ETH lightning recovers 4000! After 119 million short sellers' bloodbath, the countdown to the end of the bull feast?
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Live streaming room layout real-time order, detailed explanation of order making ideas! On the early morning of August 9th, Ethereum (ETH) staged a shocking scene: the price violently rose from a low of $3880 to $4010 within 12 hours, and after 8 months, it once again reached the $4000 mark. This raid resulted in a net short position liquidation of $119 million within 24 hours (38% of the total cryptocurrency liquidation amount), with the long short ratio soaring to 3.03 and the market falling into a frenzy of 126. However, there is a hidden crisis behind the carnival - the deviation between quantity and price, the construction of a high clearing wall, and the pressure of historical resistance. Has the bullish feast entered the countdown? The Three Major Engines of Multi Head Blitzkrieg Whale hunting agencies Anonymous institutions made a single purchase of 10396 ETH (approximately $40.6 million), while another whale spent $667 million within 4 days to buy 171015 ETH, igniting market sentiment with intensive fundraising. - Derivatives market nuclear explosion The trading volume of perpetual contracts surged by 70% to $122.34 billion, while options trading volume surged by 131%. Open call options contracts piled up above $4200, forming a potential "gamma squeeze" fuel. - Technology breakthrough signal The 4-hour chart breaks through the downward trend line, and EMA20/50/100 ($3749/$3686/$3623) forms a golden bullish alignment, with the Bollinger Bands expanding and short-term kinetic energy erupting. Countdown alarm for the end of the feast - Concerns about depletion of energy and capacity When the price hit $4010, the spot trading volume shrank by more than 30% compared to before, and the RSI (59.7) deviated from the price peak. The MACD bar chart continued to contract, indicating a decline in buying momentum. - Deadly Clearing Wall Toppling On chain data shows that if ETH falls below $3848, it will trigger a strong multiple flat of $2.548 billion; Breaking through $4248 only requires clearing $967 million of short positions. The current price ($3933) is only 2% lower than the multi order clearing zone, indicating an extremely asymmetric risk of 34. -4-year curse resistance In history, ETH has failed six attempts to hit $4000, with each pullback ranging from 30% to 75%. Cryptocurrency analyst Satoshi Stacker warns: '$4000 is the life and death line for ETH, breaking through opens up ATH space, and failure leads to a repeat of the bloodbath.'. Operational inspiration: Currently, it is advisable to consider 3920-3950 as the life and death line for long and short positions. Breaking through 4010 requires confirmation of additional volume, while falling below 3900 will trigger risk control. The cost of institutional whales is about $3800, and retail investors need to be wary of becoming "whale bait". This $4000 battle is not only a technical and derivative nuclear explosion point, but also an amplifier of human greed and fear. When the candlestick becomes a tombstone for long and short positions, only those who respect the market can cross the bull and bear market. Operation suggestion: BTC 116300 long, first target is 117350, second target is 118435; - ETH4000 long. First target is 4050, second target is 4095. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance! Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
