#创作者任务台 is a bull market, without good news, why did ETH surge? The truth tells you!

Recently, ETH suddenly surged 30%, skyrocketing 3% in 3 minutes, easily reaching 4200 USD, while Bitcoin remained still. Many people excitedly shout that the bull market has arrived, and a technological revolution has erupted, but the truth is far more complex than you think.

I have a friend who has been in the cryptocurrency circle for many years and has witnessed too many 'false prosperity' firsthand. He said that this wave of ETH surge is not a bull market at all, and there are no substantial technological benefits; it’s all just capital manipulation tricks!

The two main tactics behind the manipulation:

Public companies create closed loops to harvest retail investors

Some large companies first raise funds in the US stock market, then announce 'massive purchases of ETH' to create momentum. As the coin price rises, they use the appreciated ETH in their hands as collateral for financing to continue buying – transferring from left hand to right hand, leveraging hundreds of billions in market funds, resulting in retail investors being trapped.