ETH dead water ripple? Over 1610, short at 1660, don't be fooled by sideways trading and sell off! The longer it consolidates, the more violent the breakout— but you need to stand on the right side. News aspect: The cost line is at $700, far away. The on-chain cost baseline of Ethereum is only $700, and now at 1645 it is still well above this, indicating it has not yet reached the "bottom." Don't use this as a reason to buy the dip. Technical aspect: 1-hour sideways, daily still bearish. 1-hour chart: BOLL bands narrowing, price between the middle and upper bands, RSI 57 neutral. Range between 1610-1660, difficult to break above or below. Daily chart: BOLL lower band at 1479, MACD death cross, RSI 32. The overall trend is still bearish, and rebounds are opportunities to short. Liquidation map analysis: There are long positions accumulated near 1610, main force may first spike to trigger longs and then pull back. Above 1660, there is a short zone, and a rebound here is likely to trigger a fill. Personal opinion: Long near 1610, target 1640-1660; short near 1660, target 1630-1610. If the range is not broken, trade back and forth; if broken, chase!#美国5月CPI创三年新高 $ETH