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Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Detailed analysis of ETH's recent market and future trends in the live broadcast room, layout and implementation strategies! On the early morning of July 3rd, Ethereum staged a thrilling breakthrough battle. After multiple failed attempts to charge, the ETH price broke through the key resistance level of $2600 and reached a high of $2615 during trading. This breakthrough directly triggered a large-scale liquidation of short positions, with a total of 203 million US dollars in cryptocurrency contracts liquidated across the network. Among them, ETH short positions alone suffered losses of up to 36 million US dollars, accounting for 52% of the total liquidation amount. 1、 Break 2600: The Triple Crown Curse is finally shattered In the past few months, Ethereum has formed a stubborn "triple top" resistance structure around $2600: on June 10th, 11th, and 12th, three attempts to attack the $2870-2878 range all failed, causing market concerns that each attempt was met with a whale attack, with the highest single selling pressure reaching 40000 ETH (about $110 million). The successful launch of $2600 marks the complete crushing of this suppression form. On chain data shows that the breakthrough instantly triggered a surge of buying orders of over 1000 ETH per second, forming a chain clearing wave of short contracts. 2、 Driving force: Mechanism ammunition loaded This round of breakthrough is not the behavior of individual investors, but the entry of nuclear grade institutional funds behind it: 1. ETF fund flood breaks barriers: cumulative net inflow exceeds $4.01 billion, latest $1 billion inflow only takes 15 days 2. BlackRock's lightning sweep: With a ultra-low management fee of 0.25%, its ETHA products harvest $160 million in chips in a single day 3. Whale secretly lays out: the number of addresses holding 10000 to 100000 ETH increases by 17% per month, and smart money lurks ahead of schedule 3、 Is the technical alert lifted? The indicator is currently showing a golden cross Key changes in technological form: The daily chart forms a "bull flag" structure * *: After breaking through, the theoretical target points to a stronger moving average system in the $3600 range * *: The 50 day SMA and 200 day SMA form a "golden cross". After the signal appeared in 2023, ETH surged 93%. MACD green bar amplification: Breaking through the accompanying volume can significantly amplify, dispelling doubts about the top divergence. 4、 Decisive moment: $3000 becomes the life and death line for long and short positions Despite breaking through $2600, market divergence remains heated by bullish sentiment: the probability of the Federal Reserve cutting interest rates in September has sharply increased, risk asset preferences have rebounded, EIP-4844 upgrades will reduce Layer 2 costs, and ecological applications are about to explode. In mid July, 13F documents or disclosed institutions will significantly increase their holdings of ETH. 5、 Retail survival guide: Layout before CPI storm Before the release of key CPI data in July, investors need to strictly adhere to risk control: build positions in batches: retrace to 2550 without breaking the limit and try long (stop loss 2520), target 2800 spot hedging: heavy traders set a price tag of $2700 to break through the chase up order, and at the same time, place a conditional order of 2600 to sell below 30%. The cryptocurrency market has never had a 'definite breakthrough', only those with comprehensive response mechanisms can weather the bull and bear market. When the smoke of the $2600 long short battle dissipates, the real battle is quietly brewing at the $3000 mark - that is the ultimate testing ground for testing the quality of the bull market. Operation suggestion: BTC 108500 long. First target: 109850. Second target: 110500 ETH 2550 long. First target is 2600. Second target is 2645 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.
