Recently, Ethereum has frequently seen users engage in staking, prompting some to claim it has ended!

The range of 4000–4800 is originally the golden zone for washing floating funds. Especially with the recent decline, many people who finally broke even are afraid of being locked for another four years, so they are all exiting.

As a result, you see, yesterday's sideways movement led to a new high in the amount of unlocked funds, which indicates that floating funds really can't hold on any longer, and the psychological pressure is at its peak, with panic spreading. Those wanting to take profits and those wanting to cut losses are all crowding at the exit.

However, short-term selling pressure ≠ the beginning of a bear market; instead, it is the healthiest process of turnover. The market makers are just using the sideways movement to test emotions and force out genuine sentiment.

If I were the market maker, there would be two potential scenarios:

1⃣ Directly execute another downward move, wiping out a large portion of the floating funds;

2⃣ Sideways for another day, waiting for the market to become even more torturous, and then strike tomorrow.

After the kill? Reverse and pull up.

This is the most standard script. $ETH