The short selling feast continues! It's only a matter of time before ETH falls below 4000. Thinking about buying the dip now? Be careful of being completely eaten by the market makers!
Sharp drops are common in a bull market, but this time the decline is too severe—retail investors haven't even reacted and are already in pain, with blood splattered on the rooftop.
1. This morning's spike to 4060 was just a gentle trap set by the market makers.
This morning, ETH experienced a sudden drop to 4060, seemingly quickly recovering to 4100, but remember: the deeper the spike, the more feeble the rebound! The market makers are testing the bottom line of the bulls, enticing you to enter and buy the dip, and once you're fully invested, they will shut the door on you. There hasn't even been a decent rebound on the daily chart, and the bears are clearly looking to drain every last drop of blood.
2. The technicals have completely collapsed, and the bear attack is relentless.
The daily chart shows a bearish engulfing pattern paired with high volume decreases: selling pressure from the highs is like a mountain pressing down, the MACD dead cross is causing green bars to continually elongate, and the RSI is sliding along at low levels, unable to even reach 40. This is not a correction; it is clearly a slaughterhouse for bears.
Key support levels have all been breached: 4300, 4150 have been lost in succession, and 4000 is merely a psychological barrier; the real "coffin lid" is at 3800! Once it drops below this level, there will be no effective support below, plunging straight down to the abyss of 3600.
3. Why do we say 4000 will definitely break? The market makers' liquidation assembly line has already started.
Bull leveraged concentration camp: Near 4000, there are 1.2 billion dollars worth of options contracts piled up. A price spike would trigger "Gamma squeeze," and liquidation orders will roll like an avalanche.
Institutions are fleeing overnight: ETF giants like BlackRock have seen net outflows for 8 consecutive days, on-chain whale holdings have plummeted by 12%, and the smart money has already left; only retail investors are still dancing at the ICU's door.
4. Buy the dip? You can't outplay the market makers' "layered tricks."
Those institutions shouting about a healthy correction are themselves placing buy orders around 4075-4150, waiting to pick up cheap! When it actually hits 4000, they will turn and slam the market down. You think you're buying the dip, but what the market makers want is your principal. #杰克逊霍尔会议 #俄乌冲突即将结束?