小熊饼干
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Bearish
⌞ Write a script, everyone enjoy ⌝
Everyone hold on tight, brace for the end-of-month crash, I’ll make a prediction and first state the real data
🥶 At the end of the month, there will be a spot sell-off of 2.76 billion USD in ETH, while the daily buying limit for BMNR is only 200 million, it can't hold, it's going to collapse
Data source: Currently, the Ethereum PoS network exit queue has 910,461 ETH, worth approximately 3.91 billion USD, the scale of exits has set a historical record. In comparison, the ETH waiting to join the network is about 268,217, only 1.151 billion USD (validatorqueue data)
🎯 Spot ETFs continue to flow out, yesterday's rally engine has instantaneously turned to sell-off main force
Yesterday, the net outflow of Ethereum spot ETF was 196.6 million USD, Bitcoin spot ETF net outflow was 121.7 million USD
🔸 The fuel for spot ETFs has run out, starting to assist in the sell-off
🏹 Giant whales are force liquidating, bankrupting positions, accelerating the decline
“125,000 USD rolling position long on ETH” The giant whale has again reduced positions by 1,300.47 ETH, currently the liquidation price for both positions has reached 4,177 USD
“Brother Maji”’s long positions in ETH, BTC, HYPE, and PUMP are now facing a loss of nearly 10 million USD
According to Coinglass data, if Ethereum falls below 4,100 USD, the cumulative liquidation intensity of long positions on mainstream CEX will reach 1.392 billion
🔸 The market's rise and fall is never about you being good, me being good, everyone being good; Mr. Market is here to devour flesh
✅ My script
🔹 This Thursday, the Federal Reserve data and Powell's speech will make this week’s downturn (about -3% daily) even worse, starting a new round of major declines on Friday
🔸 Next Monday, a rebound, but the rebound will be weak, market confidence has already been lost, and there is no courage to reasonably go long
🔹 Next Thursday, the Three Heroes Killing Temple, the options end-of-month settlement is brewing, ETH spot unlocking reinforcements arrive, combined with the release of the U.S. PCE index, the market will start a crazy sell-off, leaving the weekend in wails
🔸 In mid-September, the Federal Reserve will cut rates by 25 BP, with a probability of 71% on Polymarket, followed by a violent bull market, Ethereum surging to 8,000 USD by the end of October
In 20 days of Killing Temple operations, madly clearing out long leverage, the price of Ethereum once plummeted to a terrifying 2,700 USD! Remember, creating a new historical high of 8,000 USD for Ethereum comes at a price
Unfortunately, those liquidated longs will never see it again, allowing Ethereum to achieve its great glory once more
Everyone hold on tight, brace for the end-of-month crash, I’ll make a prediction and first state the real data
🥶 At the end of the month, there will be a spot sell-off of 2.76 billion USD in ETH, while the daily buying limit for BMNR is only 200 million, it can't hold, it's going to collapse
Data source: Currently, the Ethereum PoS network exit queue has 910,461 ETH, worth approximately 3.91 billion USD, the scale of exits has set a historical record. In comparison, the ETH waiting to join the network is about 268,217, only 1.151 billion USD (validatorqueue data)
🎯 Spot ETFs continue to flow out, yesterday's rally engine has instantaneously turned to sell-off main force
Yesterday, the net outflow of Ethereum spot ETF was 196.6 million USD, Bitcoin spot ETF net outflow was 121.7 million USD
🔸 The fuel for spot ETFs has run out, starting to assist in the sell-off
🏹 Giant whales are force liquidating, bankrupting positions, accelerating the decline
“125,000 USD rolling position long on ETH” The giant whale has again reduced positions by 1,300.47 ETH, currently the liquidation price for both positions has reached 4,177 USD
“Brother Maji”’s long positions in ETH, BTC, HYPE, and PUMP are now facing a loss of nearly 10 million USD
According to Coinglass data, if Ethereum falls below 4,100 USD, the cumulative liquidation intensity of long positions on mainstream CEX will reach 1.392 billion
🔸 The market's rise and fall is never about you being good, me being good, everyone being good; Mr. Market is here to devour flesh
✅ My script
🔹 This Thursday, the Federal Reserve data and Powell's speech will make this week’s downturn (about -3% daily) even worse, starting a new round of major declines on Friday
🔸 Next Monday, a rebound, but the rebound will be weak, market confidence has already been lost, and there is no courage to reasonably go long
🔹 Next Thursday, the Three Heroes Killing Temple, the options end-of-month settlement is brewing, ETH spot unlocking reinforcements arrive, combined with the release of the U.S. PCE index, the market will start a crazy sell-off, leaving the weekend in wails
🔸 In mid-September, the Federal Reserve will cut rates by 25 BP, with a probability of 71% on Polymarket, followed by a violent bull market, Ethereum surging to 8,000 USD by the end of October
In 20 days of Killing Temple operations, madly clearing out long leverage, the price of Ethereum once plummeted to a terrifying 2,700 USD! Remember, creating a new historical high of 8,000 USD for Ethereum comes at a price
Unfortunately, those liquidated longs will never see it again, allowing Ethereum to achieve its great glory once more
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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