According to on-chain fund monitoring, ETH's main contract outflow in the past 24 hours reached 388 million. This number indicates that market sentiment is a bit delicate.
The current situation is quite critical. The range from 3270 to 3221 is a watershed; two very different scenarios could unfold next.
One is a downward dip followed by a rebound. If this happens, it would be a normal correction in an upward trend, and you might consider entering gradually. The other scenario is more severe—if the price falls below 3221 and doesn't recover within a few hours, it basically indicates that this upward trend might be coming to an end.
Of course, this is just a technical observation of the short-term market, usually valid for a few hours to days. Do not take it as investment advice.
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SchroedingerGas
· 9h ago
3.88 billion escape? The main force is really panicking now
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3221 breaks, then I have to run, I believe in this logic
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Another watershed, another critical point, just wait to be smashed through
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What can short-term technical analysis tell us? The next second it might reverse
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The main force is running, I’m chasing, this script has been written hundreds of times
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It's a subtle game, just testing the bottom price
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If the break doesn’t come back, then it’s game over, who’s still buying at 3270
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What if this wave is just a false alarm again? Oh, this is too difficult
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Normal adjustment? I think it’s like boiling a frog in warm water
View OriginalReply0
airdrop_whisperer
· 9h ago
The main force escaped with 388 million, now this is getting interesting.
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Can we hold the 3221 level? That’s the real test.
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Here comes another "normal adjustment" story. Why don’t I believe it?
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If it breaks down and doesn’t bounce back, then let’s just watch the show slowly.
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Hours or days? Bro, I can’t even predict this, so why bother overthinking?
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Subtle +1, but my wallet is even more subtle.
View OriginalReply0
OPsychology
· 9h ago
388 million跑路,the main force is saying goodbye
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The watershed is the watershed, anyway I can't guess
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It's the same old story, whether to break 3221 or not, we'll see in a few hours
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With so much main force fleeing, it feels like something's going to happen
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Just wait and see if it can rebound, otherwise it's really over
View OriginalReply0
ShitcoinConnoisseur
· 9h ago
The main force ran away with 388 million and started to hype up the atmosphere, a typical panic narrative.
Whether 3221 can be held depends on today; otherwise, there will be another wave of decline.
If it breaks, it's a real drop; if not, continue to grind.
I stopped believing in these short-term predictions a long time ago. The promised watershed turned out to reverse within two hours.
According to on-chain fund monitoring, ETH's main contract outflow in the past 24 hours reached 388 million. This number indicates that market sentiment is a bit delicate.
The current situation is quite critical. The range from 3270 to 3221 is a watershed; two very different scenarios could unfold next.
One is a downward dip followed by a rebound. If this happens, it would be a normal correction in an upward trend, and you might consider entering gradually. The other scenario is more severe—if the price falls below 3221 and doesn't recover within a few hours, it basically indicates that this upward trend might be coming to an end.
Of course, this is just a technical observation of the short-term market, usually valid for a few hours to days. Do not take it as investment advice.