Recently, the price of Ethereum has been continuously rising strongly, with a clear upward trend and relatively small fluctuations, creating an illusion for many investors that "the price keeps soaring without any pullback." Many retail investors see the price constantly climbing and are eager to buy in fully, fearing being left out of the upward trend. However, in fact, this market condition is likely a situation intentionally created by major funds controlling the market.
The profit strategy of major players usually involves pushing the price up continuously, forcing retail investors to feel the pressure of "if they don’t buy now, they will miss out," thus attracting a large amount of chasing buy orders. Once a significant number of retail investors enter the market, the major players may suddenly crash the price to create a pullback, forcing those who chased higher prices to cut their losses and exit, after which the major players take the opportunity to buy back at low prices. This “pump and dump - wash trading” tactic is well-known among seasoned investors in the market.
Currently, the price of Ethereum is expected to reach the high range of $4800 - $5000, at which point the market will likely experience a correction and washout of about 30%. This pullback is necessary, primarily to release the pressure of previously accumulated profit chips, stabilize the price structure, and ensure the healthy continuation of the subsequent rise. Rapid increases without washout and turnover are difficult to maintain in terms of price stability and continuity.
My advice is: investors should avoid blindly following the trend and chasing highs, especially not to invest heavily all at once. A more rational approach is to wait for a price pullback, then gradually build positions at more reasonable prices. Only by patiently waiting for the major players to complete their washout can one reduce the risk of being trapped and avoid becoming a “bag holder” for those who chased higher prices.
In summary, the purpose of the market's major players is to make money, not charity. Recognizing the rhythm of major players and mastering the timing of buying is the key to stable investing in Ethereum. The current bullish trend is still clear, but it is crucial not to be led by short-term market fluctuations; maintaining calm and strategic operations is particularly important.