ETH critical level faces renewed battle as $230 millions order wall may reshape price trend
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On the 45-minute custom interval, ETH has once again retested the EMA55 moving average, and there is currently an order wall of over 230 million US dollars accumulating near the current price. This kind of "moving average support + high liquidity clustering" structure often forms an attraction zone for short-term price movements. The same structure mentioned in last night's PRO news alert has already been validated: ETH main players set up a 306 million US dollar order wall confrontation + EMA55 support, and afterwards the price did indeed move closer to the more densely packed order region (sell order wall). In addition, on one exchange, there was an unusual large spot order for ETH of over 19 million US dollars (orders of this magnitude are more commonly seen in BTC). Such abnormal fund movements usually warrant greater attention.Will this structure repeat last time's pattern? This will depend on the true direction of the order wall. PRO members can view: the specific distribution of main order placements (buy order wall or sell order wall?), the direction of the 19 million US dollar large order bet, and real-time signals for the 45-minute interval.Data is for reference only.
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