#机构疯抢以太坊 is a bull market. Without good news, why did ETH surge? The truth will tell you!

Recently, ETH suddenly surged by 30%, skyrocketing 3% in just 3 minutes, easily reaching $4200, while Bitcoin remained motionless. Many people excitedly shouted that a bull market has arrived and a technological revolution has erupted, but the truth is far more complex than you think.

I have a friend who has been in the crypto space for many years and has witnessed too many "false booms". He said that this surge in ETH is not a bull market at all, and there are no substantial technological advantages; it’s all just capital manipulation!

The two main tricks behind the manipulation:

Public companies close the loop to harvest retail investors

Some large companies first raise funds in the US stock market, then announce "crazy buying of ETH" to create momentum. As the coin price rises, they use the appreciated ETH to mortgage for financing and continue buying — transferring from one hand to the other, leveraging hundreds of billions in market funds, resulting in retail investors being trapped.