Ethereum 2784→3044 Market Review

New York Reversal Expert

Ethereum surged from 2784 to 3044, which is not a unilateral bullish trend, but the result of a combined effect of daily chart support, targeted capital inflows, and market makers' shakeout and rally. Throughout the process, there are hidden signs of诱多 (trap to lure buyers), and the 3044 key level has become a short-term dividing line between bulls and bears.

From the daily chart perspective, 2784 is the strong support at the lower boundary of the previous triangle convergence, and since December 2025, the lows have been gradually rising, forming a foundation for a bottoming and recovery of the bullish trend. This rally is a normal rebound within the structure, with the 3050 integer level acting as a natural resistance, triggering selling pressure upon contact.

On the capital side, during the rally phase, main funds show a one-way inflow, while retail funds only accelerate after crossing the 3000 level, a typical pattern of main forces pushing the market and retail catching the bag. When approaching 3044, capital inflow sharply decreases and outflows surge, creating a volume divergence that directly causes the price to fall back.

Key candlestick patterns reveal the诱多 (trap to lure buyers) nature. During the rally, the daily candles remain bullish but the real bodies gradually narrow. At 3044, a long upper shadow bullish candle appears, encountering resistance with no follow-through. This candlestick pattern is a typical诱多 signal, foreshadowing a potential sell-off and becoming a critical systemic node for a market reversal.

From a market maker's perspective, the entire process is a precise shakeout and rally routine: initially, at the low of 2784, small fluctuations wear down short-term floating positions, clearing profit-taking; then, a rapid push above 3000 attracts retail chasing high; after reaching the 3044 resistance, a long upper shadow candle creates a false breakout, completing诱多, then reversing to sell, realizing profits at high levels and trapping chasing retail investors, while continuing to accumulate during the pullback for future momentum.

Overall, this rally is a band operation by market makers leveraging the daily chart structure, not a trend reversal. The诱多 and sell-off at 3044 confirm that the current market remains in a consolidation pattern. Without strong fundamental support, rebounds are unlikely to develop into a trend. Be cautious of high-level trapping risks. #加密市场观察