💡 Fengshen Chat Trading— #ETH 2025.09.18

1️⃣ Structure Interpretation
Ethereum is currently testing the upper range of 3450–4690, with a short-term bullish bias, but there is resistance at 4670–4690 above; if it can hold steady around 4580 and increase volume, we will continue to look upward for the day.

2️⃣ Fund Flow & On-chain & Exchange Dynamics
Whale Large Purchases (OTC): On-chain and social media monitoring indicate that a certain OTC/whale has purchased a large amount of ETH using USDC after the Federal Reserve cut interest rates (with on-chain transaction records: reports of buying 25,000 ETH as an example), indicating that institutional/wealthy buyers have been active recently.

ETF/Fund Flow: Compared to BTC, ETH's ETF/fund flow is more volatile, but there have been signs of incremental inflows and institutional reallocation recently (daily data needs to be tracked for confirmation).

3️⃣ Intraday Trading Ideas
Bull
Condition: A reversal or significant increase in trading volume appears near 4410–4445.
Stop loss: 4410 (if broken, exit immediately).
Target: 4670 → 4690.

Short (when the upper side rejects)
Condition: Reach the 4670 → 4690 resistance zone with no volume or form an upper shadow/engulfing.
Stop loss: 4690 (if broken, exit immediately).
Target range: around 4410–4445, with maximum support seen around 4380.

4️⃣ Risk Warning
Large on-chain OTC purchases may provide short-term support, but if these buy orders are for hedging or are subsequently listed in batches, it will still cause a short-term pullback; closely monitor the changes in exchange deposits/trading volume.


[For reference only, not as investment advice]