Breaking News! ETH Suddenly Faces a Death Trap, MACD Turns Out to Be the Scythe of Dog Traders, How Can Retail Investors Escape the Lion's Mouth?
Tonight's ETH battlefield, every K-line drips with blood. When the Bollinger Band on the 1-hour chart is as narrow as a blade, and the price is playing dead at $2561.70, I tell you with 8 years of liquidation experience: this is not a calm surface of a lake, but a 'death shock' slaughterhouse carefully arranged by the dog traders.
1. The Deadly Deception of Technical Indicators: From Bollinger Bands to MACD's Hunting Script. 1. The Meat Grinder Trap of Bollinger Bands. The current width of the Bollinger Band has shrunk to 0.8%, tighter than the mining machine shutdown price. This 'narrow suffocation' market has a historical reoccurrence rate of 92%—on May 25, ETH suddenly dropped 10% in a nearly identical channel, leading to over 100,000 long positions being liquidated. Now the price sits at the mid-band of $2546.17, with dog traders holding over $10 billion in liquidation orders, just waiting for the 20:30 US CPI data to pull the trigger. 2. The False Golden Cross Massacre of MACD. A +7.80 MACD red column appears to signal a bullish rise, but in reality, it is an upgraded version of the ancestral pig-killing plate. On May 13, after a +9.2 'inducing long column', $80 million in long positions were liquidated in half an hour, while this time the value is lower and the duration shorter, likely a 'fake golden cross burying people 2.0'—the dog traders use small buy orders to push up the indicators, while actually laying a trap in perpetual contracts.