At 3 AM, the dog fund was cut by 3.2 million! ETH is about to change direction, where will the next shot aim?
Today's ETH market is a psychological game played by the dog fund, with over 10,000 ETH orders stacked at the 2565 position, pretending to protect the market, but above 2580, there is a significant short position, clearly trying to trap people inside. The market has been oscillating narrowly for a long time, and the MACD is almost sticking together, indicating that a change is imminent.
Last night, three attempts to push down to 2543 were all bought back by large funds; the dog fund is just suppressing the price to accumulate, but there is $230 million in options pressing down at 2580, which will not let retail investors easily break even. The market sentiment is extremely pessimistic, and the funding rate is negative, which the dog fund loves to go against; it might suddenly pump and explode the shorts.
Tonight at 9 PM, the US CPI data is crucial. If the inflation data is lower than expected, ETH may directly surge to 2600; if the data is bad, 2540 definitely won't hold. The tycoon team has already short-term harvested 3.2 million from the dog fund; where is the next opportunity? Follow me, the market waits for no one, if you want to make money, you have to be quick!
Next, I will continue to layout divine orders. Rather than fumbling around myself and being unable to capture the best entry and exit points, resulting in holding losses, it’s better to follow me; those who agree can come directly.
