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🟢 Ethereum and SOL had a violent rebound; this time the shorts really got squeezed hard.🌚
Brothers, do you feel that Bitcoin$BTC has been a bit "dull" recently😷?
The absolute main characters of the market in the past two days are undoubtedly Ethereum and Solana.🏓
Ethereum$ETH went straight from 1500 to $1,709, a rise of over 13%,
$SOL and SOL surged from $60 to above $80, a rise of over +10%. This momentum clearly overshadowed Bitcoin.💥
On-chain data is honest. As soon as U.S. employment data came in cold, interest rate hike expectations immediately slowed, and institutions swooped in like hungry tigers.
Yesterday, the Ethereum spot ETF had a net inflow of $29.08 million, and BlackRock alone bought $29.74 million worth. These whales act much more decisively than retail investors like us.🐋
In fact, behind the rise of the past two days, shorts are being ground into the ground.
In 24 hours, short liquidations reached nearly $280 million, twice that of longs! This is a classic "short squeeze."
From an indicator perspective, ETH's Bollinger Bands are widening. SOL's RSI is near 62, but volume hasn't kept up, indicating divergence here.
So the question is, what should we do?
My judgment: once a trend starts, don't easily guess the top.
Now is not the time to chase highs, but to wait for a pullback.
Look at ETH's MACD; the DIF just crossed above the DEA to form a golden cross, but the red bars haven't significantly increased. If it can later shrink and pull back to $1,650 without breaking, that would be a relatively comfortable right-side entry point.🎯
Remember, in this market, patience is more valuable than gold. Don't get carried away by a big green candle, and don't panic because of a pullback. Follow the trend, manage your position well, and let profits run.
Do you think this wave of ETH can reach 1800, or should we take profits and wait for a pullback?👇
🔥 I'm BitBro, providing the most authentic market analysis. Follow me to catch the next opportunity!
#以太坊突破1700美元涨7.98%
#非农爆冷打压加息预期