"In the casino of cryptocurrency, it’s never the chips that get liquidated, but human nature."
On August 13, ETH soared from 4500 USD to 4800 USD, with 180 million USD liquidated in 24 hours (short positions accounting for 79.95 million USD), countless retail investors who bottomed out at 4500 points were instantly buried. However, behind the liquidation lies a meticulously designed "harvest script"—the Ethereum Foundation transferred 35,000 ETH to Kraken exchange on the same day, and historical data shows that they precisely escaped at 4677 USD in 2021, after which
ETH plummeted by 50%.
How does the main force manipulate retail investor psychology?
The actions of the Ethereum Foundation can be described as "masters of psychological warfare". They chose to transfer assets after ETH broke through 4500 points, which on the surface appears to be routine capital management but is actually fraught with danger. Retail investors often fall into the anxiety of "fear of missing out" when they see prices rise, and the main force cleverly exploits this by testing market reactions with small sales. When ETH broke 4800 points, retail short positions concentrated in liquidation, allowing the main force to buy back cheap chips—this operation, I would call "Short Trap 2.0".
The current market has three critical lines of life and death, did you step on any?
4750 USD neck line: Daily level "rising wedge" top, the last defense line for bulls. If broken, ETH will retest 4550 USD (support from MA60 moving average, with a historical verification rate of over 80%). 4850 USD previous high resistance: In May 2025, ETH faced "huge selling pressure" at this level, on-chain data shows that Grayscale ETF's net inflow dropped sharply at that time, and institutions were secretly offloading. 4550 USD cost zone: The 4-hour chart shows that this position is a densely built area for "smart money", and a break below will trigger a chain of stop-losses.
How to rescue trapped short positions? Practical case study.
Last week, a user shorted 50% of their position at 4500 points, and when ETH surged to 4800 points, they were liquidated. Another user used the "incremental positioning method": adding 1/3 of their position at 4690 points, then another 1/3 at 4750 points, averaging up to 4650 USD, and ultimately took profit at 4550 points, gaining 15% against the trend.
Personal Experience: Key Details of Incremental Positioning
This user's operation is not a coincidence. I have emphasized in the community that the "50-point rebound for 10% addition" is a golden rule. Why? Because during the main force's market adjustment, it often oscillates within a range of 50-100 points. If retail investors add positions all at once, they risk being liquidated due to a secondary drop. Incremental operations can both lower costs and avoid the risk of "being buried with the whole position."
The main force is playing a big game.
Exchange data shows that ETH long positions surged by 2.1 billion USD in a single day, but the MACD line has shown a "top divergence". More critically, the Ethereum Foundation's transfer of 35,000 ETH coincides with 30% of the Q4 2023 allocated funds—historical experience indicates that this could signal a new round of decline.
Final reminder.
ETH may experience short-term fluctuations and declines, but in the long run, institutional staking accounts for 62%, and DeFi locked amount exceeds 80 billion USD, so the pullback may be a layout opportunity.
"Want to know what the main force's next move is? Click on the avatar to follow and get real-time tracking strategies, so you are no longer a lonely warrior in the crypto circle!"#ETH创历史新高
