$ETH

The truth behind the surge, beware of traps!

The market is staging an invisible battle, where both bulls and bears seem evenly matched on the surface, but in reality, the manipulators are counter-trading chips.

In the past 12 hours, among the top five large transactions, there were two sell orders of $910,000 that precisely crashed the market, while there had previously been two buy orders of $2.21 million in a row. This stark contrast exposes the tug-of-war of the main funds—some are eager to sell, while others are frantically accumulating.

This ebb and flow of capital is like a tug-of-war, where one side is pulling back while the other is increasing their stakes, indicating that the main funds have not yet reached a consensus.

From a technical perspective, the price has formed a "double top" pattern at a critical position, a pattern that also appeared before the crash in December 2024.