Ethereum today feels like a roller coaster that has been paused — it clearly should have dived, the seatbelt is unbuckled, yet it is stuck swaying in mid-air.
Brothers, today’s ETH market makes people yawn. The price is stuck in the gap of 1805-1815, bouncing back and forth in a 10-space range, the K-line looks like an electrocardiogram. At 10:30 this morning, that line peaked at 1809.48, dipped to 1809.07, with a fluctuation of 0.03%. The closing price and opening price are just a few cents apart, this is hardly trading coins? It feels more like a market aunt haggling over fifty cents for half an hour.
However, while lying flat, the market’s undercurrents are not idle. The on-chain liquidation bomb has already been buried; a giant whale has collateralized over 60,000 ETH to borrow 75 million DAI, with a liquidation price pressed down to 1781. ETH is now at 1808, and a little shake could trigger a 238 million dollar chain reaction of liquidations.
Looking at the technical side, the MACD indicator is sticky enough to stretch (DIF-2.22, DEA2.54), the histogram just popped a small 0.64, and both bulls and bears are like two old men playing chess, holding their pieces for a long time without making a move. If you ask me, this market is a typical 'playing dead' time; the main force is waiting for Big Brother Bitcoin to give direction, while retail investors are waiting for the whales to liquidate and pick up cheap coins. Exchanges are just eager for you to open more contracts to earn transaction fees.
ETH is now just 20 dollars away from the liquidation danger zone. Don’t be fooled by the small fluctuations; if it explodes, it’ll be fiercer than a firecracker. Referencing the wave on March 11, the same giant whale repaid and pressed the price to avoid disaster; can it withstand it this time? Uncertain.
The video of V God’s cat has gone viral, and the community is filled with criticism. This thing looks funny but actually exposes the trust crisis in the Ethereum ecosystem — even the founder is not focused, with developers running away, and doubts about L2 draining the mainnet's value can't be stopped.
In terms of operation, remember the three-word mantra:
Endure: Ordinary people sit on benches and eat seeds, don’t reach out to catch knives before it breaks 1780.
Steal: Short-term experts fish with small positions, if it breaks 1820, then go all in, set a stop loss at 1800.
Run: If Big Brother Bitcoin suddenly crashes through 80,000 dollars, ETH will definitely perform free fall; don’t hesitate, saving your life is the priority.
Brothers, remember today’s market: the longer it consolidates, the harsher the breakout will be. Now focus on two numbers: 1820 is the ticket to heaven, and 1780 is the entrance to hell.
Want to know immediately when a whale gets liquidated? Follow me, and I’ll take you dancing in the crypto minefield without stepping on mines!
