⚠️Warning! Three Major Dangers Hidden Behind the Altcoin Waterfall
When everyone is shouting to buy the dip, I want to tell you: the traps of altcoins have just begun! The alarm has sounded as ETH has dropped below $2000 💰, don't be fooled by the nonsense of 'oversold rebound' and lose your last chip— the real scythe is hidden in the candlestick chart!
🔥Danger One: History Repeats Itself, More Brutal Than the Script!
In 2021, when ETH was halved from $4800, the MACD weekly death cross combined with a net outflow of $5 billion in stablecoins from exchanges, this time after the Bollinger Bands daily chart broke the middle track, the evaporation speed of altcoin market capitalization is 3 times faster than the previous round! On-chain data is even scarier: whales placed orders at $2300 but were smashed by a $120 million liquidation order, is this a replica of the night before LUNA's collapse in 2023?
💥Danger Two: The Technical Side Hides a Time Bomb!
Look at the four-hour chart: RSI has been below 40 for 36 consecutive hours, but every rebound has been suppressed by the EMA30! More insidiously, the ETH holdings on exchanges have surged by 15%, is this really buying the dip? It's clearly the manipulators playing the 'long and short kill' with the grayscale negative premium! Do you remember how BTC holdings also behaved abnormally before the FTX crash in 2024?
🌪️Danger Three: Capital Flows Reveal the Bloody Truth!
USDC's market capitalization shrank by $800 million in a week, but CME's Ethereum futures short positions surged by 200%! High-net-worth users are exchanging $ETH for the newly issued USD1 stablecoin by Trump, does this operation look familiar? Whales did the same before the decoupling of UST in 2022!
*The prices mentioned in this article may contain errors, and the investment risks in crypto assets are extremely high, please DYOR before making any decisions*