ETH market reversal: early session breakthrough indicates market maker layout?

Dear investors, today we will analyze the latest trend of ETH. I mentioned last night:

“Tonight, ETH may first experience some consolidation before attempting to break upward. Market fluctuations are just the process of capital reallocation, and the real trend needs to wait for confirmation of capital flow.”

It has been proven that this prediction is quite accurate. From last night to this morning's early session, ETH has indeed shown a trend of fluctuations, stabilization, and rise, confirming my usual viewpoint: behind market volatility often lies the covert transfer of funds.

Follow this account to get the latest market analysis in a timely manner.

Morning Market Review: Breakthrough After Fluctuations

Price Trend: ETH fluctuated between 4300 and 4370 yesterday, and successfully stood above 4370 in today's morning session, confirming the key level I mentioned earlier.

Technical Indicators:

• Bollinger Bands: The price is closely following the middle band upwards, indicating a weakening of bearish pressure and a gradual strengthening of bullish momentum.
• Moving Average System: The short-term moving averages show a golden cross pattern. Although they are still hovering near the middle track, the upward trend has been preliminarily established.
• Trading Volume: Last night during the US trading session, there was some capital inflow, the sell volume significantly decreased, and the buy volume gradually increased, indicating that market sentiment is improving.

Institutional Capital Trends: Surface Withdrawal or Covert Layout?

The $135 million spot ETF outflow mentioned yesterday seemingly triggered panic, but in fact, it might be a market washout. Today's market performance seems to confirm this view.

Some well-known investment institutions showed signs of withdrawing funds yesterday, leading to panic selling among some retail investors. However, the assets sold off are likely to have ended up in the hands of other institutional investors.

ETH has not experienced a significant decline today; instead, it has stabilized and rebounded. This indicates that short-term investors have exited, and strong institutions may be secretly accumulating chips.

Key Technical Levels for Today's Morning Session

Support range: 4300-4320, tested effectively yesterday, and still maintains strong support today.

Key breakthrough point: 4370, which has already been firmly broken, indicating that the market may soon enter a new phase.

Resistance range: 4450-4500, this is the next important breakout range. If it can break out with volume, it is expected to challenge levels above 4550 in the short term.

In short, the current trend of ETH is like a boxer ready to strike. Yesterday it was moving tentatively, and today it has begun to gather strength to punch. Next, it will either break through 4500 to launch a strong offensive or pull back to gather momentum for the next upward attack.

Market Sentiment: From Panic to Calm, Awaiting Surprises

The panic selling yesterday was massive, but today the market has gradually calmed down. What is most likely to happen in this situation? That's right, it's an unexpected breakout trend.

When retail investors are still hesitant, Large funds may have already completed their positions at low levels. Once favorable news appears or trading volume significantly increases, the market is likely to rise rapidly.

This is a typical “panic-calm-surprise” market cycle.

Investment Strategy Recommendations

Short-term investors: If you bought at a low in the 4300-4320 range, you have started to make a profit. It is recommended to continue holding, with 4370 as an important support level, and target the 4450-4500 range.

Breakthrough Strategist: You can wait for a strong breakout at 4450 before entering the market, setting a tight stop-loss. It’s better to miss an opportunity than to risk chasing the price.

Conservative investors: It is not recommended to operate frequently during volatile periods. It is better to wait for a clear trend to form before following, earning less is preferable to risking losses.

Market Outlook

Last night's prediction has been validated, and this morning is the stage for realizing the results. My judgment is:

After stabilizing, ETH is likely to continue its assault towards the 4450-4500 range.

If the trading volume during the US session tonight can keep up, this may not just be a simple rebound, but the start of a new round of increases.

If the trading volume is insufficient, the market may continue to fluctuate and consolidate, but the support below remains strong, so there is no need to worry too much.

Summary: Today's performance of ETH is like a big fish finally starting to become active. It hasn't completely left the shallow waters yet, but it is ready to head into deeper waters.

Dear investors, last night's prediction was spot on, and today's market has responded positively. Remember, market fluctuations are merely superficial; the real opportunities are always hidden in the flow of funds. What will the next trend be? Keep a close eye on the breakout situation around 4450-4500, and the answer will be revealed soon.

I will continue to analyze every market fluctuation for everyone. Don't be confused by short-term fluctuations; maintaining a calm judgment is the key to obtaining stable returns.