Last night ETH terrifying 56 minutes! 4.82% flash crash full review
Did you escape this massacre in the early morning? ETH plummeted from $2574 to $2449, a 4.82% bloodbath in 56 minutes, with leveraged traders collectively facing liquidation! Now let me clarify the bullet trajectory of this massacre for you——
Deadly Timeline
00:44 News of U.S. sovereign rating downgrade leaks
00:55 Moody's confirms the downgrade
01:56 ETH breaks the key level of 2500
02:20 Plummet to the abyss at 2449 (liquidation volume surges 300%)
Three Major Swords
1. U.S. AAA rating gets stripped (macro nuclear bomb)
2. U.S.-China trade war powder keg reignited
3. Concentrated liquidation of leveraged traders triggers a chain reaction (EMA52 support level becomes a slaughterhouse)
The market is still in ICU rescue, short-term experts can take high shorts and low longs in the 2470-2500 range, while ordinary people are advised to wait for a stable daily close before taking action!
For those currently facing losses and wanting to recover their funds, trust in Brother Lu and feast on the meat!!!
