The Truth Behind ETH's Surge and Drop! Whales Harvesting Retail Investors + Sun Yuchen Stirring Trouble!
Today, ETH surged to $2734 before suddenly hitting the brakes, just a step away from its historical high. On the surface, it seems like it 'got tired of rising,' but behind it all are tricks!
Three Key Signals Breakdown
Technical Tricks
The daily chart skyrocketed by 58%, jumping from 2496 to 2734, yet it didn't even touch the top of the BOLL upper band, clearly indicating whale control.
The MACD green bars elongated, making it look like a big rise was imminent, but the DIF and DEA lines are still underwater, suggesting it's just a short-term rebound and the long-term trend hasn't reversed at all; it's just luring retail investors into buying!
Abnormal Capital Flow
The contract funding rate is 0.01%, indicating that big players are reluctant to continue going long.
On-chain data is solid: in the past 4 hours, the inflow of ETH to exchanges surged by 12%, clearly showing that large players are placing sell orders around $2730, waiting to harvest the following retail investors.
Sun Yuchen Stirring Trouble
Sun Yuchen, with $150 million, is making waves with 'Trump Coin' in the crypto circle, with funds all flowing into speculative coins, draining the ETH ecosystem, making it impossible to surge.
Retail Investor Psychological Warfare
The previous high of $2800 is like a spell; the closer it gets, the heavier the selling pressure. Now most people are thinking: 'It’s almost time to run!' As a result, collective selling forms a pressure wall, and whales are happy to pull prices up while withdrawing.
Two Possible Scenarios Ahead
Surge Scenario: Stabilize at $2750 and the funding rate turns positive → False breakout to attract retail investors to chase high before crashing down.
Crash Scenario: Fall below $2650 and capital continues to flow out → Directly crash to $2550 to find support, blowing up leveraged long positions.
Personal Warning: Don’t be fooled by a 'healthy correction'! This wave of ETH is clearly orchestrated by whales, with buy orders on the left creating the illusion of a rise, while sell orders on the right are set up for escape.
Remember, in a bull market, whales fear missing out more than retail investors — what they lack is not money but someone to take over!
Rolling over is not a myth, it's a strategy. Want to feast? Don’t operate blindly; closely follow Ji Xin to position ahead of the main upward wave, savor the main dish of the bull market, leaving nothing behind for meals!
Pay attention today: SUI B BTC CETUS
