Federal Reserve Chairman Powell is about to parachute into the Jackson Hole Global Central Bank Annual Meeting on August 22 at 22:00 — this is the ‘annual life-and-death gamble’ of the global financial market (historically, 3 dovish statements have directly ignited a party for risk assets)! Meanwhile, sharp-eyed institutions have already quietly acted: in the past 72 hours, BMNR and SBET have ravenously swept up 510,000 ETH. What exactly are they betting on?
1. The shocking scam of '910,000 ETH unlocking': The dealer threw down a 'market crash smoke bomb', just waiting for you to panic and surrender!
Suddenly, the number '910,000 ETH unlocked' popped up on-chain, instantly scaring retail investors into a frenzy of selling. But the truth is heartbreaking:
Unlocking ≠ selling! Now the on-chain lending rate has surged to an 18% peak for the year; holders are unlocking to 'defuse the bomb and prevent explosion' (passively reducing leverage), how can that be actively crashing the market? The actual selling pressure is less than 30% of the surface numbers!
The dealer intentionally amplifies panic, waiting for you to frantically cut losses 36 hours before Powell's speech, obediently handing over your chips to the institutions that have laid their positions in advance!
2. Institutions swept up 510,000 despite the market: they have already seen through 'Powell’s trump card'!
When retail investors are scared out of their wits by the 'unlocking numbers', institutions have already entered 'bottom fishing mode before the policy':
BMNR swept up 370,000 ETH with cash (averaging 53,000 per day), setting a historical record for 'before the Jackson Hole meeting' for increasing positions; SBET simultaneously bought 140,000 ETH, with both giants teaming up to consume 510,000 ETH within 7 days (averaging 73,000 buying per day)!
These tangible actions are clearly signaling: institutions are betting on 'Powell releasing dovish signals'! Once the Fed hints at 'indicating rate cuts', dollar liquidity will flood in like a burst dam, and ETH, as the 'liquidity magnet' of the crypto market, breaking through $4400 will just be a warm-up!
3. Jackson Hole Annual Meeting: Powell's 'policy nuclear bomb', ETH's liquidity life-and-death sprint!
As the Fed’s most core annual policy briefing, one word from Powell could determine life and death:
① Hawkish showdown (short-term tremors, but already anticipated):
If he slams the table and says, 'Inflation isn't under control, continue raising rates', the market would be shocked, but ETH has already digested the 'rate hike expectations', leaving limited room for decline, and might actually 'exhaust the bad news' and rebound directly.
② Dovish shift (directly detonating, institutions have already laid their explosives in advance):
If he hints at 'slowing down interest rate hikes / talking about rate cuts', the dollar liquidity floodgates will open immediately! Referencing the 2023 Jackson Hole meeting, once Powell dove dovish, ETH surged 42% directly within 72 hours! This time, institutions have laid out their positions 3 days in advance, replicating the historical script!
4. Bull market phase alarm: getting off now? That's like handing the 'policy red envelope' over to institutions!
The bull market has three phases:
① Sprouting in despair (no one dares to believe in the bottom);
② Running amid doubts (the rebound is criticized as 'baiting', institutions are secretly stockpiling before the policy);
③ Crazy surge amid FOMO (everyone rushes to buy).
ETH is now stuck on the eve of the second phase of policy:
The dealer uses 'unlocking' to create panic (washing the market to harvest);
Institutions are bottom-fishing against the trend using 'Powell's expectations';
Policy nuclear bomb (8.22 22:00) is about to go off!
Getting off now is like handing your chips over to smart money 36 hours before the central bank annual meeting — when Powell releases good news, and ETH breaks through $4400, you'll only be left to chase high prices as a bag holder!
Finally, roar: hold tight your ETH!
'Unlocking' is a 'paper tiger', institutions are 'market prophets', and Powell is the 'key variable'. With only 2 days left until the policy nuclear bomb, the institutions' action of bottom-fishing 510,000 ETH has already proven that ETH’s value is severely underestimated!
Don’t let panic control your fingers; this is not a crash, but the ‘final boarding signal before the policy front of the second phase of the bull market’ — hold tight your chips, when Powell's favorable wind blows, profits will explode like fireworks!
The opportunity passes quickly; what you lack is never vision, but the courage to decisively enter the market! Follow Xing Ge, and let him guide you to catch every wave of rhythm.
