ETH suddenly surges 30%? Don't be fooled! This is not a bull market, nor a technological revolution - it's all a manipulation tactic!
Recently ETH has been surging crazily, jumping 3% in 3 minutes to $4200, while Bitcoin remains unchanged. Strangely, there are no major technical upgrades or a bullish atmosphere, and on-chain data reveals the truth: this is capital manipulating the market to harvest retail investors!
Manipulation tactics are just these two moves
1. Closed-loop harvesting by listed companies: Companies like SBET raise funds in the US stock market, then announce 'aggressively buying ETH' to create hype, wait for the price to rise, and then use the appreciated ETH as collateral to refinance and continue buying - transferring from one hand to the other, leveraging billions to move a trillion-dollar market.
2. Whales buying low and selling high: Before the surge, a mysterious address hoarded 12,000 ETH (average price 36,600), then suddenly spiked the price to force shorts to cover, quietly selling when retail investors chase the high. Recently, over 100,000 people across the network have been liquidated, all caught in this trap.
Why is it said this is not a bull market/technical good news?
Technical aspect: No upgrade news, and no new developments in DeFi or Layer 2;
Market aspect: Bitcoin is not correlated, altcoins are not rotating, and the Federal Reserve's interest rate cuts can't support 'ETH's solo performance';
Logic error: If it were true good news, BTC would lead, but right now ETH is surging alone, which is clearly abnormal.
Three survival tips for retail investors
1. Never chase the high! 99% of sudden surges are traps, especially don't FOMO when BTC is stagnant;
2. Monitor on-chain data: Observe whale holdings and USDT shifts to avoid the 'increased holdings → surge → sell' tactic;
3. Light positions + stop-loss: Play with a maximum of 5% position, run immediately if it breaks key levels, don't gamble on liquidation.
Essentially, this is a harvesting technique packaged as 'institutional entry' by capital. Remember: surges come quickly and go even faster; protecting your principal is more important than anything!
Have you encountered such 'illogical surges'? What was the outcome?

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