Recently, the ETH market has indeed been frustrating, with the roller coaster script played out vividly!
Reviewing last night: ETH fluctuated between 4250-4280, like a 'sandwich'—it can't go up or down, but every time it hits this range, it's quickly picked up. What does this indicate? The market makers don't want the market to collapse.
We mentioned this kind of trend yesterday, testing support + accumulating chips. Simply put: deliberately washing the market, scaring retail investors into giving up their chips, while secretly accumulating. The 4250–4280 range has already become the market maker's 'psychological anchor,' which is also their cost zone.
Although the one-sided market hasn't given most people opportunities, holding on to swings is still rewarding! Yesterday morning, the 4330 position saw increased volume, and Old Chen followed the trend to take 50 points. The evening market pulled back, and at the same position, the short position also captured 50 points, making a double kill in short-term swings. Brothers who kept up with the rhythm still made a profit!
Market maker's actions breakdown
The recent operations of market makers really understand how to 'use a pretext to achieve their aims'! The great news of the Federal Reserve's interest rate cut expectations has been turned into a 'cutting leeks assembly line' by them.
Let's see how they play:
1. Creating an expectation gap using good news (playing psychological warfare)
Market maker's trick: Clearly, interest rate cuts are good news, but they first smash the market to create panic.
Underlying logic: Using the market psychology of 'buying expectations and selling facts,' they smash the market to wash out chips before the good news lands.
Specific actions: These days, taking advantage of the warming expectations of interest rate cuts, they are actually suppressing the market in the 4250-4280 range, forcing retail investors to think 'good news is actually bad news.'
2. Precise control of the market under interest rate cut expectations (new play)
Cost of capital calculation: Interest rate cut expectation = US dollar depreciation expectation → capital will prefer risk assets more
Market maker's calculation: Now suppressing the market to accumulate chips, waiting for the interest rate cut to actually land so that the chips are fully collected.
Operation traces: Last night, there was a frenzy of chip accumulation in the 4250-4280 range, quickly pulling up nearby, showing they don't want retail investors to buy cheap chips.
3. Time difference attack (the ultimate weapon of market makers)
First wave: Using the warming expectation of interest rate cuts to smash the market (counter-intuitive operation)
Second wave: After retail investors panic and sell off, quickly pull up without giving them a chance to enter.
Third wave: When the interest rate cut actually lands, they have already completed the chip collection.
Summary: Taking advantage of the market still being conflicted about 'whether the interest rate cut is real good news,' they have already gone into the market with real money to buy! Every time they smash down to around 4250-4280, they quickly pull up, indicating that large funds are not giving you a chance to get in at low prices—they know better than anyone that the flood of funds after the interest rate cut will eventually rush into the crypto market. So brothers, don't be washed out by short-term volatility. The more the market makers suppress the market before the interest rate cut, the more it indicates that the following market will be significant. Remember: when the Federal Reserve unleashes liquidity, having no chips is more unbearable than being trapped!
The market isn't hard to navigate; swing opportunities are evident.
This market is simply a money-making opportunity tailored for swing traders! Don't be fooled by ETH's ups and downs; there are hidden golden opportunities:
Swing trading golden range:
4250-4280: Main force's cost area; every time it returns here is a money-making opportunity.
4330-4350: Short-term strong-weak dividing line; if it stabilizes, it can look towards 4400+.
4415-4450: Previous high resistance zone, remember to reduce positions and take profits when reaching here.
Swing trading mantra: 'Boldly buy in the main force's cost area, decisively sell in the previous high resistance area, chase after breakthroughs, and stop-loss immediately when breaking down.'
Remember, brothers, in this kind of volatile market, earning from swing price differences is more cost-effective than holding on! The market makers wash the market to make retail investors buy high and sell low; we just do the opposite: buy when it falls to the main force's cost area and sell when it rises to the previous highs. Simply repeat this action, and you will earn more comfortably than in a one-sided market!
Let me give you some straightforward advice: ETH is currently the calm before the storm. The harsher the market makers wash the market, the more explosive the subsequent breakout will be! For those holding spot, hold steady; for those trading short-term, seize the 4250-4415 range, buy low and sell high to earn the price difference. Remember: every pullback in a bull market is a buying opportunity; don't wait until it skyrockets and regret it! There are no gods in the crypto circle, only smart people who can read signals. Xiaoxun's articles do not boast or paint a rosy picture; they only teach you practical survival skills. Follow Xiaoxun for daily entry strategies and know in advance.
