Many people often ask: Are BTC and ETH the same entity?

On July 25, the ETH main force almost sold precisely at the peak. Meanwhile, BTC had been washing out for a long time before that. Some questioned: "The main force has run away, why hasn't the price dropped significantly? Are they just fooling around?"

In fact, quite the opposite is true. The big players like to operate on large-cap assets like BTC and ETH precisely because of their deep liquidity—allowing them to exit without crashing the market.

As expected, after the ETH main force sold off, BTC began to plummet, dragging ETH down with it. In other words, the main force had designed the sequence in advance:

Selling high → Holding short positions → BTC crashes → ETH passively follows the drop → Shorts profit smoothly.

This logic can avoid a lot of uncertainties.

If BTC had not cooperated with a rapid drop at that time, ETH's liquidity would have been sufficient to support a few days of fluctuations, and the market would not have collapsed immediately. Since April, I have observed that ETH has had many similar "selling actions," where the short-term result isn't an immediate crash but is instead guided by BTC's movements as a switch.

The key point is: the ETH main force doesn't just occasionally sell at peaks; they almost consistently sell at the highest points. This level of precision makes me suspicious—those operating ETH are likely the same ones operating BTC; they could very well be from the same market-making team.

As for who they are? Many have mentioned: the BlackRock team. The credibility is quite high, and it's understood within the circle.

So what’s the benefit of knowing this?

The biggest benefit is that as long as you monitor the main force movements of BTC or ETH, any obvious exit signal from either side is sufficient as a risk warning. You can timely take profits, reduce positions, or even close contracts directly to protect profits. $BTC $ETH

That’s why studying main force behavior is more valuable than just staring at K-line charts.