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#ETH ETH key levels are reopening, with $230 million in pending orders wall potentially leading to a re-pricing trend
45-minute custom cycle, ETH once again tests the EMA55 moving average, and there is over $230 million in pending order walls stacked near the current price. This "moving average support + liquidity-dense stacking" structure often creates a short-term price attraction zone.
Last night’s similar structure has been validated: ETH main force set up a $306 million pending order confrontation + EMA55 support, and the price indeed moved closer to a more concentrated order zone (sell order walls). Additionally, Coinbase ETH spot rarely shows a large order exceeding $19 million (more similar large orders are concentrated in BTC), such abnormal capital behavior usually has higher attention value.
Does this structure repeat the previous logic? It needs to be judged based on the true direction of the pending order wall.