Think back to when these people worked together to inflate the market, pushing ETH up to nearly $5000; now, they are all scrambling to get out, like fleeing from disaster. Those who move slowly will have to stay behind to pick up the bill. This shift from 'pulling together' to 'trampling each other' is often a precursor to a sharp downturn.
What's worse is that market liquidity is as poor as a frozen river. Large holders have too much inventory; how can they sell smoothly? Therefore, one must be alert to a situation: a sudden violent surge. This is likely not a return of the bull market but rather a 'fishing' tactic — intentionally creating space to lure retail investors in, while they take the opportunity to slip away. How many times have we seen this play before a crash?
Here are three heartfelt suggestions for everyone, especially at this critical moment; remembering them can save you a lot of money:
First, be wary of all sudden surges and drops. When the market goes crazy, retail investors easily follow the emotions, chasing when it rises and cutting losses when it falls, ending up in a trap. The more it is like this, the more you need to hold your hands steady, assess the situation clearly before taking action.
Second, hold onto the low-priced spot in your hands firmly. Don't forget, the expectation of interest rate cuts is still there, and it might not just be once. In the long run, the strength of quality assets remains, so don't be scared by short-term fluctuations.
Third, stay far away from high-leverage contracts! Opening high leverage at this time is no different from dancing on the edge of a cliff; a slight misstep could lead to total devastation. Preserving your principal is more important than anything else; as long as the green mountains remain, you need not worry about firewood.
$ETH This game is becoming increasingly dangerous, don't just focus on the fluctuations of the K-line, think more about the underlying financial strategies to stand firm during this wave of volatility.