2870 is the dog owner's slaughter line! Ethereum prosthetics rise = please let the retail investors lie in the coffin, I have locked the short position at 2820!
Half a year of stagnation, all relying on hormone injections to survive.”
Ethereum has spent half a year returning to the price at the beginning of the year, and the Fed's interest rate cut hype has long gone stale!
Case: The monthly CPI was favorable but failed to break through 2900, it is obvious that the dog owner is pulling the market with one hand and shorting with the other.
"Technical indicators are all paralyzed, sentiment is hijacking K-line"
All indicators are calling for a bull market but you can't understand it? That's right! The market maker specializes in killing technical analysts: before last year's LUNA crash, RSI had a golden cross and MACD turned positive, one week later 99% of accounts were wiped out!
Is Ethereum stronger than Bitcoin? It's just prosthetics!
When Bitcoin is sideways, Ethereum is forcefully pulled up, essentially a trap to entice more buyers: the same script before the Shanghai upgrade in March 2023, Ethereum surged 20% and then plummeted 40%!
Explosive insights:
A healthy bull market relies on funds + narrative, now it all depends on the "FOMO gambling ventilator"! On-chain data nails it: Ethereum whales sold 1.2 million coins in 7 days, but retail investors' buying volume on exchanges surged by 300%, thinking they were bottom-fishing, but in fact, they were filling graves!
Practical escape guide
"Three don'ts and three musts" ironclad rules
Don't touch Ethereum for short-term: 2870 is the cost line for market makers, pulling it here is just to explode long positions!
Don't trust technical indicators: when RSI and MACD both signal a bull market but can't break the previous high = death cross
Must set a short position sniper point: short above Ethereum 2820 with eyes closed, targeting 2400!
Must act in reverse to the whales: when they sell, you short; when they bottom fish, you stop-loss
Anti-humanity case:
In March this year, the entire network shouted to push Solana to 200 dollars, but the perpetual contract funding rate on CEX soared to 0.3%, I immediately opened a short and it plummeted 45% in 2 weeks!
In the cryptocurrency circle, opportunities and risks coexist, stay vigilant, finding the right timing is key. I also discovered a project with huge short-term surge potential! Want to keep up? Follow me for free sharing!
