Bull Market, No Good News, Why is ETH Surging?
💥 Recently, ETH suddenly surged by 30%, jumping 3% in just 3 minutes, directly breaking through $4700, while Bitcoin remained unchanged. It seems like a “bull market” is here, but it's just the same old tricks—capital manipulation is harvesting!
The Truth Behind the Scenes: Two Major Harvesting Tactics
1. Public Companies Staging their Own Play: Some companies like SBET first raise funds in the US stock market, then boldly announce they are “buying ETH like crazy,” creating hype to drive up the price. Once ETH rises, they use the appreciated ETH for collateral financing, continuing to buy… shifting funds from one hand to the other, leveraging hundreds of millions to move a hundred billion in market value.
2. Whales Squeezing Retail Investors: Before the surge, a mysterious whale purchased 12,000 ETH at a low price (average price of 36,600), then suddenly lifted the price, directly squeezing shorts. Retail investors, driven by emotion, chase the highs while they sell into the rise. What was the result? Over 100,000 people across the network were liquidated.
Why is this not a bull market/technically bullish?
Technical: No significant upgrades, no movement in DeFi or Layer2;
Market: BTC did not move, altcoins did not rotate, the Federal Reserve's interest rate cuts cannot support “ETH standing out alone”;
Logical: In a true bull market, BTC should move first; now ETH is advancing alone, which is clearly abnormal.
Three Steps for Retail Investors to Save Themselves
1. Don’t chase highs: 99% of sudden spikes are traps, especially dangerous when BTC is consolidating;
2. Monitor the Chain: Watch whale wallets and USDT flows, beware of the “buy low → pump → sell” script;
3. Light Position + Stop Loss: No more than 5% position, pull out immediately if it breaks key levels to avoid passive liquidation.
📌 Conclusion: This wave of ETH increase is essentially a harvesting game packaged as “institutional entry” by capital. Rapid surges are easy, but declines are quicker—preserving principal is the hard truth!
💬 Have you ever been caught in such “illogical surges”? Did you end up making a profit or a loss?
Daily Focus: SKL KMNO ZK THE BOME SANTOS
