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From a technical perspective, #ETH巨鲸扩大持仓 has maintained a key defense line on the weekly chart.
The lower Bollinger Band hasn't been broken, and the price eventually closed back—this indicates that the support strength is still there. Looking upwards, the resistance zone of the FVG gap is locked around 4200. If there is indeed a rebound, this position can serve as a reference point for segment exit.
The daily chart is more interesting. The support line of the Vegas channel withstood the pressure, and yesterday it closed with a bullish engulfing candlestick, indicating a clear bullish stance. But don't celebrate too early; the resistance above from the Vegas channel and the wide range formed by EMA576/676 will likely lead to back-and-forth movements here in the short term.
Looking at the trend line again: the price has just broken out at the support level for the first time, but the downward trend line has not been broken yet. Should we enter now? That would be considered left-side bottom fishing, with risks at your own expense. A truly certain opportunity must wait for the reversal structure to be fully formed.
The Bollinger middle band and trend line resonance suppression have previously acted as a ceiling. Whether it can break through the middle band is the key moving forward.
There is also a potential head and shoulders bottom pattern brewing technically, and the right shoulder still needs time to consolidate. In the short term, focus on the fixed volume POC area and the neckline; it shouldn't be a problem to accumulate positions below this level.