Ethereum's shakeout is not the top or bottom; weekly bottoming signals have already appeared!#加密市场观察

A master’s perspective on the rebound: ETH’s recent extreme shakeout is not a sign of weakening trend but a bottoming process driven by major players liquidating positions violently! Over 420,000 long positions were liquidated, flooding the market; nine out of ten bullish retail traders were harvested and exited. High leverage floating positions have been thoroughly cleared, and the concentration of holdings has reached a new stage high, clearing the way for a rebound.

While the capital flow appears bearish, it actually hides subtle signals. The $79.47 million daily outflow from the Ethereum spot ETF is just short-term fund reallocation, not core institutional withdrawal. During ETH’s decline, trading volume continued to shrink, gradually exhausting selling pressure. Bottom-finding funds have quietly accumulated at the low of $2,256. The technical structure is more directional: the weekly descending channel’s lower boundary at $2,623 forms a strong support, closely aligning with the average holding cost of long-term holders. Additionally, a weekly arc bottom pattern is gradually taking shape, a double bottom structure is emerging on the monthly chart, and multiple technical reversal signals are being released.

Currently, ETH’s shakeout is complete: floating positions have been cleared, support is solidified, and the pattern is in place. The weekly rebound is imminent! Seize the golden bottoming window, like and subscribe to stay in sync, and precisely grasp the main rebound wave. Then, prepare for the C-wave decline, wave two!

C3-C4 is about to begin.