Last night, $ETH staged a V-shaped reversal market, after a surge from 4700 to 4900, it suddenly plummeted, triggering a direct explosion of 1.393 billion short positions. The double kill of bulls and bears is more thrilling than a casino. Did you think it would surge to 5000? Instead, it was smashed back to 4700, and retail investors had no time to react.
This wave of harvesting specifically targets three types of people: those who chased the price near 4900 shouting for takeoff, those who heavily bet on an inevitable correction, and those who stubbornly held long positions without stop-loss. Behind the explosion data, how many people have risked their entire fortunes on fantasies?
Now ETH is stuck at 4730. On the surface, it is fluctuating but actually hides danger. If it stabilizes above 4700, it may rebound to 4800 in the short term, but the market makers might slowly pull it up to lure buyers before reversing and smashing down; if it breaks below 4700, a liquidation at 4600 is just an appetizer, and there is another 2.3 billion leveraged positions around 4500 waiting to explode. At that time, it will be a chain reaction of stampede from the bulls and a carnival for the bears.
My strategy is very simple: try going long with a light position near 4730, set the stop-loss at 4680, and take profits of 50-80 dollars. Don’t be greedy; the market makers might change their face at any time. If the 1-hour line breaks below 4700, short it directly to 4600, but leave a 20-dollar space for profit-taking on a rebound. After all, cashing out is the hard truth.
Lastly, to be honest, do not lose more than 2% of total capital on a single trade, and do not exceed 3 times leverage. You can't outplay the market makers' 10x leverage, but you can use a conservative strategy to outlast them. Want to survive the next round of crash? Follow me, and I will teach you how to predict trends using on-chain data, master counter-intuitive stop-loss techniques, and even set up ambush points for the next wave of market movements.
