Is Ethereum (ETH) finally bottoming out? This is the most asked question today. I just refreshed Coinglass’s real-time market overview—$2,253.41, down 1.5% in 24 hours. The price is stuck here, neither up nor down, which really makes people anxious but hesitant to act. Don’t worry, let’s peel back all the layers. We’ll look at three aspects: · Price Action: Don’t be fooled by the small dip; this is the fourth failed attempt to break $2,400. Each time it spikes up and then falls back, leaving a long upper shadow—indicating a large amount of sell orders lurking there. · On-Chain Indicators: The network’s 8-hour average funding rate is only 0.0028%. Close to zero, indicating leverage is cooling off. The good news is there’s no negative funding rate causing a squeeze; the bad news is the bulls are also lacking momentum. · Macro and Capital Flows: The Federal Reserve paused hawkishly last night; right after the rate decision, the entire market saw $182 million in liquidations within an hour, with ETH accounting for over $101.9k. But strangely, institutional miner BitMine just bought $234 million worth of 101.9k ETH last week—while everyone else is panicking, smart money is accumulating. Sentiment progression: from “hesitation” to the bottom line The good news—institutions are buying, real money. The hesitation—retail investors are scared. In the past 24 hours, the entire network saw $533 million in liquidations, with ETH long positions liquidated for $111 million, while shorts only hit $36 million. This shows the decline is mainly caused by longs being unable to hold and forced selling, not deliberate dumping. The risk—$2,400 cannot hold. That’s a technical bear market. If U.S. stocks open lower tonight, ETH is likely to test the next liquidity pool. Where is the bottom? The key support zone is between $2,220 and $2,250. If this area is broken with a bearish candle, then we’ll look at $2,180 or even the previous low of $2,120. Specific trading ideas (spot/contracts): In this “narrow squeeze,” the core principle is: don’t shoot the eagle until you see the rabbit. · For longs: wait until the price returns to the $2,210–$2,250 zone for signals. Place stops below $2,190. Halve your position compared to usual—funding rates and liquidation data tell us now is not the time for heavy bets. · For shorts: if the $2,330–$2,360 area offers another upper shadow, try a small short with a tight stop. The confidence for shorting comes from the four-hour bearish momentum still being intact. Finally, I’ll leave you with a question: In this torn market of “institutional buying and retail selling,” are you planning to place orders tonight or wait for confirmation on the right side? See you in the comments, share your position costs and tonight’s plan. #WCTC交易王PK $ETH

BlockBeats News, April 30th, according to Ember Monitoring, after going long and making a profit of 68.47 million USD half a month ago, “Hyperliquid’s biggest long leader” has started to massively go long on ETH again. He has opened a long position of 90,000 ETH through 3 addresses, worth 203.03 million USD, and has already become the largest long on Hyperliquid. His average ETH entry price is 2,265 USD.

4.30 Morning Big Cake (BTC) Analysis This cycle has shown a pattern of sharp rise and pullback → deep V-shaped repair → narrow-range oscillation structure. Currently, it is in the recovery phase after a decline; no clear trend direction has emerged yet. We need to wait for the market to provide more definite guidance. Pay close attention to the 75,000 integer level support below If the support holds effectively, consider setting up long positions in batches to capture rebounds and profit from the bounce Recent news disturbances have been frequent. If this support is effectively broken to the downside, the downside room will open up further Pay close attention to the 76,000-77,000 level resistance above If you cannot break through effectively, maintain the current range-bound oscillation structure If price is under pressure, consider setting up short positions in batches to capture pullbacks and profit from the decline Market conditions are likely to move into a narrow-range consolidation and tight range adjustment. Keep a close eye on how news impacts the market. If there is a sudden news event, it can easily break the current balance. Using pressure/support breakouts as the anchor, make timely adjustments accordingly. $BTC $GT $ETH #比特币现货交易量新低 #Strategy吸筹速度超挖矿两倍 #美联储利率不变但内部分歧加剧 #加密市场小幅下跌