ETH 2320—life and death critical point! Rumors that an institution will dump 57 million? In reality, institutions are secretly picking up!



After the market surged to 2341, it hovered and consolidated around 2320, and many people started to panic, watching for a pullback.
But the key signals have long been made clear:
✅ 2306 strong support—tested twice and not broken; the bulls’ backing is extremely strong
✅ All short-term moving averages are holding the floor; MA5/10/20 keep running bullishly upward
✅ On-chain a large move of 25,000 ETH—institutions quietly accumulating; retail investors, instead, panic and cut losses

Don’t panic about the MACD’s slight bearish divergence at the top—it’s just a short-term shakeout, not a trend reversal.
2327-2340 above is the bears’ key resistance area. A breakout with increased volume directly targets 2400;
If it faces pressure and falls back, 2280 is the opportunity for a low-entry buy.
Don’t let short-term volatility throw you off—the real trend logic is hidden in the details!

#WCTC交易王PK $BTC $ETH $GT
BTC1.57%
ETH2.87%
GT0.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments