The performance of #美国稳定币法案 ETH this morning can be described as a bewildering behavior award in the cryptocurrency circle—first, there was a fake move that surged to 1815, and just as the candlestick chart finished drawing the 'tombstone line', it suddenly knelt down, vividly reenacting the classic act of 'chasing high and burying people'. Now the price is stuck around 1780, playing dead, the MACD death cross is alarmingly green, and the DIF and DEA, like feuding tango dancers, are stepping on each other's toes, clearly telling retail investors: 'The double kill script is loaded 99%'.

The whales are not idle either, on-chain monitoring shows that a big player is crazily moving bricks to the exchange, comparable to the ant migration before a heavy rain. Interestingly, ETF funds are still buying madly, having poured 2.76 billion USD in 5 days, and the big institutions' trick of 'supporting with the left hand and smashing with the right hand' is simply more magical than Sichuan opera face-changing.