#ETH Daily Analysis 1️⃣ Structure interpretation shows a drop in the early hours, further opening up space, with a maximum currently around 2800 below, and a range of 3100-3160 above. With this kind of trend, we should still be cautious. 2️⃣ Capital Flow & On-chain & Exchange Dynamic Capital Flow: Significant negative news has emerged regarding the capital situation. An Ethereum digital asset trust fund (DAT) led by Asian investors, initially planned to have a scale of $1 billion, has been shelved, and the funds that have been raised have also been returned. This eliminates a huge potential buying force and seriously impacts market sentiment. On-chain data (the movement of large holders' "bottom cards"): Large holders are transferring assets to institutions. Monitoring data shows that certain addresses have recently transferred a large amount of ETH to Galaxy Digital's OTC trading wallet, including one transaction involving 5,533 ETH (worth about $16.52 million), with a total of 10,975 ETH (about $33.54 million) transferred since yesterday. This may indicate that some large holders are selling assets through OTC trading or engaging in collateral financing. Exchange dynamics (market "sentiment" thermometer): High-leverage longs have suffered particularly heavy losses. In the past 24 hours, the liquidation amount of ETH long positions reached $194 million, far exceeding that of short positions. This reflects that during the decline, bullish leveraged traders are the main group affected. 3️⃣ Intraday trading idea: 1 hour before the market breaks out of the extreme. We continue to hold a short-term bearish view, but this time we need to be cautious of a potential reversal brought by the market. Once the 1-hour level breaks, we should prioritize temporarily exiting and observing. Next, we patiently wait for the market to rebound near the 1-hour extreme before we take action. 4️⃣ Risk Warning Ecological bearish spread risk: The suspension of the $1 billion DAT plan has severely impacted the market's expectations for institutional demand for ETH. Attention is needed to see if such negative news will have a lasting impact. Market Correlation Risk: The trend of ETH is highly correlated with BTC. If big brother BTC cannot stop the decline and continues to drop, little brother ETH will find it hard to stand alone, and the decline may be amplified. High volatility risk: The intraday volatility of ETH is usually greater than that of BTC. In the current breakdown, this means it may drop deeper and faster, posing a significant challenge for position management and stop-loss settings.

After testing the bottom during the day, BNB fluctuated and found support at 872, rebounding to 909, intensifying the Bull vs Bear Battle. The MACD shows a golden cross pattern and the red bars are higher trade volumes, indicating sufficient short-term rebound momentum, but the short positions trend remains unchanged, making the rebound a good opportunity for short orders. Operation suggestion: Layout short order near 920, target 880. $BTC $ETH $BNB #加密市场观察 #BNB

#加密市场情绪分析 This market prediction is so thrilling! A target price of $7000 really gets the heart racing. However, as an experienced player, I know not to let this advocate cloud my judgment. Market sentiment is important, but it's still necessary to analyze calmly. The factors related to monetary distribution mentioned by Yi Lihua are indeed worth paying attention to. Reflecting on the bull market during the pandemic in 2020, it was indeed closely related to the distribution of money to the public. If the midterm elections once again promote similar policies, it could truly become a catalyst for a new round of bull market. However, I prefer to adopt a cautious strategy. Now I can moderately increase my ETH position, but I will never go all in. After all, a target price of $7000 is simply too optimistic. I will set a series of take-profit points to gradually realize profits as the price rises. At the same time, I will also pay attention to market reversal signals and stop losses in a timely manner. Overall, staying vigilant and managing risks is the key to long-term survival. Everyone should remember not to be carried away by such optimistic expectations and to act within their means, investing rationally.