ETH today staged a "massive liquidation drama"! A seasoned trader shares eight years of liquidation secrets; the 1-hour candlestick chart directly strips the dog trader's shorts — this wave of "death shake" is playing out spectacularly!

The Bollinger Bands have shrunk to a pinhole, and the price is firmly stuck at 2561, rivaling the miner shutdown price! Remember that 10% flash crash at dawn on May 25? This time, the dog trader holding hundreds of millions in liquidation orders is eyeing tonight's 20:30 CPI data, ready to make a move!

On the surface, MACD +7.8 looks like a flying signal? What a joke! This is the dog trader's ancestral "slaughtering pigs plan" 2.0, luring in buyers for a re-enactment of the 80 million liquidation orders!

Three key points for survival:

1️⃣ The 2500 level is a "paper graveyard," with 230 million in short orders lurking, breaking could replicate the tragic incident of March 12;

2️⃣ 2587 is the air force graveyard, with 150 million in short orders watching for a false breakout;

3️⃣ Trading volume has shrunk by 47%, the big players are all waiting for the US CPI bomb, if the core is above 3.4%, ETH might face a catastrophic drop!

Operation suggestions:

For spot trading, cut half your position at 2561, keep some ammo for buying the dip at 2400;

For contract trading, chase longs on a breakout at 2587 with a 30-dollar stop loss, if it drops below 2505 then chase shorts, target 2450 to break even!