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$ETH ETH 1-hour "death cross bottom" appears suddenly! Whale with 57 million openly buying the dip, short sellers face liquidation with a nuclear bomb of 666 million waiting to explode!
When smart money is supporting the 1700-1750 range with billions of dollars, what are you waiting for? The market is dead silent, that’s the main force holding back a big move!
Technical analysis: 1-hour candlestick closes at 1767.43, with a volatility of only 0.68%, Bollinger bands tightening to $30, a reversal window approaching. MACD bearish bars are expanding, but the price has not broken below 1788; RSI at 26.45 has entered oversold territory, and the 4-hour Bollinger middle band at 1752 forms a hard bottom. Heavy buy orders are densely stacked in the 1766-1772 range, while sell orders appear to have a gap below 1764—clear signs of short seller exhaustion.
Liquidation map & smart money: If ETH breaks through $1861, the liquidation strength of major CEX short positions will reach $894 million. Currently, long positions are worth 1.1 billion USDT, while shorts are only 303 million, with a long-short ratio of 27.39%—a serious imbalance—short sellers are being hunted!
Whale geministar.eth has been rapidly swallowing 32,278 ETH (57 million USD) over two days; Big Brother Maji is long with 10,900 ETH on 25x leverage, already floating a profit of $320k. BlackRock is increasing its ETH holdings by $17.34 million through ETFs, and Bitmine has added another 20,000 ETH.
Trading idea: Short at the current price, target around 1700,
Go long near 1700.
Personal opinion: This is not the time for panic. The 57 million real dollars are stacked right there, and the 666 million short fuel is ready—there’s only one direction. #我的Gate交易时刻 #TradFiCFD黄金大师赛 $BTC