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Detailed analysis of ETH's recent situation and future trends in the live broadcast room, implementing long-term order layout!
Whale Crocodile Duel Ignites ETH Long Short Battle! Institutional fundraising of 80000 coins vs. Giant Crocodile cashing out 17000 coins, with a capital game playing out at the $3100 mark.
Ethereum broke through the $3100 mark today, reaching a high of $3133, with an increase of 3.88% within 24 hours, setting a new high since January this year. However, behind this upward trend, a hidden capital battle between institutions is quietly unfolding: one side is crazily attracting funds - a mysterious institution has withdrawn 80312 ETH (worth approximately $251 million) from the exchange within a week, continuously increasing its position at an average price of $2801; On the other hand, after ETH broke through $3100, Trend Research quickly transferred 17289 ETH to Binance to repay leveraged loans and lock in a floating profit of $160 million.
White hot long short game: Whale hoarding vs. crocodile harvesting
On chain data reveals extreme differentiation between long and short positions: the proportion of long positions in the derivatives market is overwhelmingly leading, with top Binance ETH/USDT traders breaking through a long short ratio of 2.4 and open contracts soaring to $44.09 billion. At the same time, the stock of ETH on the exchange has sharply declined, and the inflow in July has sharply decreased, which is highly consistent with the trend of the price rising from $2200 to $3000, indicating a weakening of market selling pressure. But the bears did not give up resistance - in the past 24 hours, out of a total market sell-off of $187 million, short orders accounted for as much as 66%, indicating that the bears have suffered heavy losses in breaking through the market.
Technical showdown at $3256: 3.5K in sight? 】
Currently, ETH has broken through the key resistance zone of $3019-3100, forming a typical upward triangle shape. The next target is directly at $3256 (weekly Fibonacci 0.618 resistance level), and if momentum continues, $3500 will become a realistic target. In terms of support, $2933 has become a bullish defense line, and if it falls, it may fall back into the strong support zone of $2800.
Long term value of trillion yuan ecological catalysis
The fundamentals inject a shot in the arm for the rise: Fidelity's latest report positions ETH as a value storage and anti inflation tool, analogous to a 'digital sovereign economy'. The wave of stable currency and token has become a nuclear explosion point - Ethereum has 50% share of the global stable currency market and 75% share of American token treasury bond bonds. Fundstrat analyst Tom Lee asserts that as the tokenization market grows by 4000 times in the future, ETH valuation may exceed five digits.
The target of $3500 has changed from a distant idea to a tangible one, but the long short battle at the $3100 level suggests that the road ahead is still volatile. When whales and crocodiles fight in the deep waters of liquidity, this capital game hides both a 35% surge potential and a sharp blade of leverage liquidation
Operation suggestion:
BTC 116500 long, first target 117500, second target 119350;
ETH 3090 long, first target at 3150, second target at 3200.
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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.
