It makes me want to laugh, 17 million dollars can drive such a large market, it's hilarious. Next time, be more rigorous with the data you release, don't just send out any garbage.

The 'Harvesting Script' Behind the Volatility of Ethereum: Are You Being Targeted?

1. The Puppet Master Revealed: The Giants' Harvesting Plan

In May 2025, a certain giant splurged $17.6 million to drive up ETH, resulting in a 40% surge in a single day. But just two months prior, they sold off $64 million, crashing the price below $2,000, leaving retail investors as the ones left holding the bag.

2. ETFs as Harvesting Tools: A Full Cycle of Pump and Dump

As soon as the ETF was approved, ETH soared to $3,968, but institutions seized the opportunity to dump their holdings, causing the price to fall sharply. Each influx of capital represents a large-scale 'harvesting rehearsal.'

3. On-chain Funds Teaming Up with Short Contracts to Create Bloody Battles

On-chain whales and ETF funds collectively go long, while short contracts simultaneously increase their positions, causing transaction fees to skyrocket, leaving retail investors with almost no escape routes, often leading to liquidation.

4. Current Key Signals: The Threshold for Upward and Downward Movement Has Emerged

Support Level: $2,400; falling below this may lead straight to $2,100-$1,800.

Resistance Levels: $2,600 and $3,000; only strong ETF inflow could potentially break through.

Technical Indicators Warning: Although the MACD golden cross indicates bullishness, the RSI is nearing overbought; the weekly 'Three Black Crows' coupled with the narrowing Bollinger Bands could easily trigger a sharp drop.

5. Survival Tactics for Position Recovery: Stop Holding Blindly, Be Smart

Short-term Strategy: For positions over $2,400, reduce holdings in batches as the price rebounds to $2,600-$2,800; if it falls below $2,400, immediately cut losses and wait to re-enter at $1,800.

Contract Hedging: Open short positions or buy PUT options to guard against sudden crashes.

6. Mid to Long-term Breakthrough: Don’t Rely on Luck, Rely on Insight

Technical Catalysts: Keep an eye on the Pectra upgrade and L2 project developments.

Whale Movements: A net inflow of over $300 million into ETFs in a single week is a positive signal; be wary of reversals if large holders transfer over 100,000 ETH.

7. Macro Risks: Two 'Thunderstorms' Are Approaching

Federal Reserve Decision: A rate cut in June would be favorable for ETH, while a rate hike could backfire.

US Stock Correlation: If the NASDAQ drops below 16,000 points, ETH may also experience a sharp decline; avoid high-risk assets.

Conclusion: The Cryptocurrency Market is Not a Battleground; It's a Slaughterhouse.

Are You the Hunter or the Prey? It Depends on Whether You Follow the Right Rhythm. To Escape the Harvesting, Don't Fight Alone; Strategy + Risk Control is Your Amulet.