Recently, ETH has been soaring without giving any chances for a pullback. Many people are excitedly wanting to go all in, watching the price rise in a straight line. But seasoned investors know the game well—this is a classic tactic used by the main players!
The most insidious trick of the main players is to not give you the opportunity to pick up bargains at low positions. They will keep pushing the price up, making you anxious: "If I don't get in now, I'll miss the boat!" Just when you can't hold back any longer and decide to chase the price, they suddenly make a sharp drop, forcing you out of the market. By the time you cut your losses and leave, the price slowly begins to climb again, and when you think about chasing it again, it's already too late.
I'm not being bearish; overall, I still see a bullish trend, but I'm clear about the small calculations of the main players. Their target for this price increase is likely in the high range of 4800 to 5000. When it gets there, a 30% pullback is very likely to test the bottom—after all, it costs a lot to push prices this high. Without a washout or a change of hands, the price won't hold steady at such high levels for long.
Remember, the main players are here to make money, not to do charity. My advice is simple: don't let the market lead you by the nose; wait for a pullback to find opportunities to go long. Patience is key to picking up the chips during the main players' washout, rather than falling into the traps they set for unsuspecting buyers.
— Judge, just speaking the hard truth.
