5.30 Auntie's Midday Market: Whales Buy the Dip Against the Trend, Can the Rebound Continue?



The overall market trading is light, but Ethereum found support around 1965 and has shown a clear rebound. The daily bearish trend has not yet reversed, but the four-hour rebound momentum is continuing to be released, and the signal of whales increasing their holdings against the trend is worth our close attention.

$ETH
Overall strategy: Quick in and out, do not chase rallies or sell in panic, strictly keep positions within 20%
High point: Around 2030-2040, with a buy zone at 2055, watch 2000-1980
Low buy: Around 1980-2000, with a buy zone at 1960, watch 2040-2100

Technical analysis: Price is still below all short-term moving averages, MACD green bars have shortened but are still below zero line, the overall weak pattern remains. However, on the four-hour chart, MACD has formed a golden cross, with red bars continuing to expand, indicating some room for a short-term rebound.

Fundamentals: The US Ethereum ETF has experienced net outflows for 14 consecutive trading days, totaling about $400 million, and institutional selling pressure still exists. However, whale accounts holding over 100k ETH have reached a 10-week high, controlling 22% of the total supply, indicating long-term investors are accumulating on dips.

Capital flow: The overall long-short ratio on the network is 0.62, with bears still dominant, but there is significant buy-in at the 2000 round number, providing strong support.

Important reminder: Today is Saturday, and market liquidity is relatively low, which can amplify volatility. Be sure to strictly follow stop-loss rules. If the price effectively breaks below 1950, the bearish trend will continue, possibly further dropping to the strong support at 1850. If the price volume-breaks above 2100, the rebound may continue to the 2130-2150 range. #美伊谈判博弈
ETH1.32%
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