The Truth Behind ETH's $100 Crash: The Dog Traders' Script of 4900 Unveiled! Behind the $1.393 Billion Liquidation, Three Types of People Are Being Harvested with Counterattack Strategies
Last night, ETH suddenly plummeted $100 near $4900, with the total liquidation amount across the network reaching as high as $1.393 billion in just 15 minutes.
Many people were confused: "The bull market was good, why did it suddenly crash?"
The truth is simple: This is a standard dog trader's trap.
🎭 $4900, the Dog Traders' Ambush Point
During this round of ETH's rise, the market generally expected a breakthrough above $5000, with retail investors' long positions, institutional chasing orders, and greedy sentiment all converging at this point.
The dog traders chose to suddenly dump near $4900 for three reasons:
Wash out high-leverage longs — the liquidated positions are their "supply station";
Undermine market confidence — retail investors panic sell and give up their chips;
Clear the way for subsequent rises — with fewer follow-up orders, the main players can better control the market.
🩸 Three Types of People Being Harvested
Fully Invested Gamblers:
Investing all chips at the peak of sentiment, only to be buried by a single bearish candle.
High-Leverage Contract Traders:
The easiest targets to be harvested, a $100 retracement is enough to trigger liquidation.
Panic Buyers:
They wait until it hits $4900 to jump in, then panic sell as it drops, forever being the ATM for dog traders.
🛡 How to Counterattack? Three Strategies
Refuse Full Investment — Market opportunities are endless; always leave room in your position.
Only Use Low Leverage — Margin is the bullet, high leverage is a death sentence.
Focus on Trading Volume — If the trading volume shrinks and stabilizes after a crash, then increases again, that’s a real breakout.
✅ Summary
This $100 crash of ETH is not the end of the bull market, but a typical "liquidation + washout" script.
Dog traders' traps are not a bad thing; instead, they offer chips to those who remain calm.
In the market, remember one thing:
A crash is the main players' harvest, patience is the retail investors' counterattack.
