If the support level cannot hold, it’s a pit dug for us by the market makers! When a golden cross appears below the zero line, it’s mostly a trap to lure retail investors into taking the bait!
Brothers, I am the market strategist! Today's ETH market makes my spine chill! Isn’t it frustrating? BlackRock's ETF just released news that their holdings have surpassed 400,000 ETH. With such a huge positive signal, it should have surged to give brothers some red envelopes, right? What's the result? The market is as dead as a fish, stuck at the ghost gate of 2450 USD, unable to rise or fall, the bull and bear armies are battling it out, and the knives are about to break!
What tricks is the main force playing? Their underpants are already showing!
Take a look at the order book! At the buy price of 2450, the market maker stacked 32,000 USD worth of super large orders, which is more than ten times thicker than the small orders below! This momentum instantly reminded me of the last year’s LUNA crash, where those market makers also piled up such 'paper walls' at critical price levels, looking intimidating, but in reality, it was easily broken! What's even creepier? The buying and selling forces are basically balanced (the order ratio is +0.09%), and the price is hovering around 2450, moving like a heart monitor of my downstairs neighbor— the market makers are putting on a big show here, and we retail investors must not fall for it!
Technical indicators are all sounding alarms, the death knell is ringing!
The 'golden cross below zero' is deadly: The MACD golden cross popped up below the zero line, and this thing is like someone on the verge of death having a 'last gasp' of energy, looking like it’s about to rise, but in reality, it’s a trap! I reviewed the records, and in the last three months, this 'golden cross below zero' appeared six times, and five times turned out to be false rebounds, tricking people into taking positions before crashing down, with the worst case being a direct 10% drop in one day! This is a bloody lesson, brothers!
The moving average resistance looks like a 'guillotine': Around 2470, several key moving averages are all twisted together! Do you know what this position is? It's the 'guillotine' where ETH tried three times to break through on July 1 but failed! Every time it went up, it got smashed down, burying many brothers!
A surge in trading volume but stagnation in price is a bad omen! Volume is up, but the price is sluggish and not rising? This clearly indicates that big players and whales are pretending to pump while secretly moving goods to the exchange to prepare for a dump! I call this a 'supply explosion signal'; it sounds scary!
The news is even more of a disaster!
This morning, two pieces of news made my scalp tingle:
The German government has moved 23,000 ETH to the exchange! Is the government here to dump? Who can withstand this?
Something even more ruthless is coming!A 'whale' directly deposited 50,000 ETH into Binance!The butcher's knife is raised high, just waiting to chop down!
Wasn't the ETF news supposed to support the market?BlackRock's holdings are completely unchanged today, they haven't added to their positions at all! Relying on them? That's just wishful thinking!
The market strategist is speaking from the heart:
Brothers, in this situation, the market maker is showing you their underpants at 2450, playing a psychological game with you: 'I will hold this position, do you dare to follow? Will you bet?''
If it can actually hold (the probability doesn't look great), it might give you a weak rebound opportunity to around 2470—remember, that’s not a charge signal; that’s the last ticket to escape! Hurry and run!
If it can't hold (I think it's very unlikely!), what’s the support at 2400 USD? That’s just a layer of window paper! One poke and it breaks! The next stop is 2345 USD or even deeper into the abyss! Think about May 2023, when ETH pretended to hold at 2480 for three days, and then one large bearish candle directly plunged to 2270. How many people got liquidated with nothing left?
Brothers who are fully invested now, think calmly:
What are you betting on? Is there really a main force using real money to protect the market? Or is it just the exchange’s order bots playing a trick? Keep a close eye on 2450 tonight! If the market maker's 'protection' order suddenly gets withdrawn, it will be a signal for a bloodbath! You won’t be able to run in time!
Don't panic during a sharp drop! There are backup plans:
If it really breaks through 2400, it will be catastrophic! Don't panic! Follow me! I will release a detailed 'escape route' and key support levels in real time! I'll tell you where to catch your breath and where you must cut losses!
$ETH Is this wave life or death?#Solana质押型ETF Can you take over? Brothers who want to survive and make money, hurry up and follow me! In my homepage introduction, I will teach you step by step how to identify traps set by market makers, find breakout points, and set stop-loss levels! The crypto market is like a battlefield; without real skills, you are just a lamb waiting to be slaughtered! Follow me to carve a bloody path!
