$ETH Ethereum June 17 Pinning Reason Decryption:
1. Direct Trigger: Jump Trading's market crash arbitrage, on-chain data shows Jump Trading address (0x7a3...c45) transferred 18,000 ETH worth approximately $47 million to Binance at 06:15.
Operation Path: mermaidgraph LR
A, Spot Market Crash --> B, ETH from 2680→2540
C, Simultaneously short --> D Futures profit of $6 million.
D --> E, Buy back ETH at a low price, resulting in $370 million long liquidation with Binance accounting for 62%.
I've been paying attention to this wallet address since last night and successfully made a profit, getting from around 2660 to 2550, another 110 points, and my followers didn't miss out, successfully increasing positions at 2630.
Regarding why I like to trade at night, here's a little tip for nighttime trading!
1. Liquidity Trap Period 04:00-06:00 - Avoid large market orders being easily pinned, use limit orders +1% slippage protection.
2. Linkage Indicator Monitoring - ETH/BTC exchange rate > related to ETH strength signal - NASDAQ futures if it drops >1% → beware of pullbacks
3. Whale Address Warning - Monitor `0x28C6c...` (Jump Trading) if transferring out >8,000 ETH then follow up by reducing positions.
The market is in the "calm before the storm", strictly implementing the triple-tier strategy. Friends who are interested can follow me to learn what the triple-tier strategy is; I will detail this strategy later!
The current technical oversold and news risks create a contradiction; 2549 is the life and death line for bulls and bears today! If it breaks down with volume, it will trigger programmed sell orders, accelerating the drop to 2490; if it holds this level with favorable data, it may rebound to 2,620.
A warm reminder, Ethereum has been very volatile recently; manage your positions well, set stop-loss and take-profit levels. Friends who feel lost in trading can follow me for occasional updates on Ethereum's direction! Let everyone seize the market and gradually recover! No deleting posts, no hindsight commentary! After all, everyone makes mistakes sometimes! This post isn't even finished, and Ethereum has dropped again 👿