I saw a very interesting article (for reference only) While the whole internet cheers for $ETH reaching $4700, I feel a chill looking at the on-chain data, three bombshell data points,
First Bomb: 1.9gwei Gas fee exposes the bull market lie! Is this running naked or laying mines?
The current Gas fee is only 1.901gwei, which is even quieter than the bear market in 2020! It’s worth noting that in the bull market of 2021, 50gwei was the starting point, and 100gwei was common. Now miners can’t even make a profit from transaction fees; is the $4700 coin price propped up by “air”? What’s even stranger is: ETH price hits a new high, but the number of active addresses on-chain has plummeted by 15% (historically, it has increased by at least 30% at peak)! Additionally, a mysterious address has continuously devoured 26,000 ETH for three days with zero interaction — this method is exactly the same as when Grayscale secretly built a position in Bitcoin in 2020!
Second Bomb: The $4700 current “silent trap”! Giants halt, retail investors watch, replicating the night before 519?
The coin price breaks previous highs, but the on-chain activity is “as quiet as death” — it’s like a high-priced concert filled with an audience, yet no one is applauding! Three dangerous signals have lit up behind the scenes:
- Institutions secretly stockpiling: BlackRock’s ETH trust increased by 47% weekly, Blackstone may be quietly accumulating
- Layer2 hollowing out the mainnet: Arbitrum/zkSync consumes 90% of on-chain activity, ETH mainnet becomes an “empty shell”
- Derivatives burying the “doomsday wheel”: CME Ethereum futures open interest surged by 300%, longs and shorts could explode at any moment What’s more deadly is: last week, of the 21 giant whale addresses, 18 halted near $4700, but the Coinbase premium index surged by 8% — institutions are secretly accumulating, while retail investors are watching; this script is strikingly similar to that before the 519 crash in 2021!
Third Bomb: August must explode with a “nuclear bomb”! Is it the fuse for a rise, or a catalyst for a crash?
Three events capable of overturning the market are on the way: the September EIP-3074 upgrade may double the ETH burn rate, BlackRock’s holdings increased by 47% weekly, and Vitalik’s surprise AMA hinted at a “new asset protocol”! But the most dangerous thing is not these — when everyone is focused on the $4800 target, the market maker is likely to suddenly “needle wash” at $4700, catching all the retail investors chasing high!
Ultimate warning: On-chain data never lies!
When prices diverge from the on-chain data, a massive shock will occur within 72 hours! Right now, the position of ETH at $4700 is either an opportunity to buy the dip or the last window to escape the peak?
Data is not a strong suit for pandas; this article is for reference only, please consider it yourself.
Yesterday I was like you, went to the bathroom, lost 17,000.
不行就干
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$ETH Good Ethereum Damn, placing an order is just like washing some fruits while smoking a few cigarettes. If you come, just liquidate me. 180,000 is a pity.
Same, I have also lost 17,000 U during this period.
巴菲特来了都要扔下200u
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Opened the warehouse 5 times, didn't stick to the short position, the long position ate me, lost 20,000 USD in just one hour, this time there is really no saving, I have nothing left.
$ETH I still hold my short position. From the various news from the market makers during this time, I've noticed some clues. The most likely reason for the institutions and market makers to buy a large amount is to prepare for hedging against the upcoming sell-off. When it rises to a critical point, the market makers and institutions will open huge short positions simultaneously to push the price down. Of course, the ETH spot in the hands of the market makers shouldn't be sold off in the short term; instead, they will first take the profits from the short positions and then wait for the next rising cycle to gradually sell off. Another point is that the institutional collaboration to monopolize a large amount of spot will evolve into a phenomenon where they gain pricing power. Even if the price falls sharply later, as long as they monopolize the spot, a small amount of capital can easily push the price back up, allowing them to sell the spot gradually to retail investors, turning ETH into a plaything under the control of capital.
Big brother, please take me along so we can advance and retreat together.
盘感超人666
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Loan 100k to trade coins on the fifth day, taking my son to buy sneakers The domestic Jordan store at the entrance of the community has new arrivals, and the words “Chinese Jordan” on the shoe tongue are shining in the sun. My son is pressing against the glass window shouting: “Dad! The sole of these shoes will catch fire!” His pants are still dirty from playing on the slide in the morning. Last month, on the night of the liquidation, he squatted by the bed counting my repayment slips, his nails digging out the rough edge of “-200”: “Dad, can we buy shoes?”
I took out my phone, ETH current price 4320, my account has a profit of 1500 dollars—just took profit, didn’t get greedy. The salesgirl smiled and handed me the shoebox: “Bro, this is a new domestic model, cushioning technology is the same as the imported one.” My son tiptoed to touch the shoe upper, his finger brushed over the “Flying Man” embroidery: “Dad, can this pair run faster?”
At checkout, the cashier wrote “Domestic Jordan commemorative edition” on the receipt. I stared at the zeros behind the numbers, remembering last week after the liquidation, he hugged his stuffed bear and said “Candy is sweet.” Now he puts on the new shoes, spinning in front of the mirror, the sole reflecting the chandelier, like a dancing fire: “Dad, I really can run faster!”
On the way home, he kicked pebbles and shouted: “Dad, the sister selling shoes asked what my dad does, I didn’t say trading coins, I said you are a ‘super amazing inventor’!” I squatted down to comb his wind-blown bangs: “From now on, Dad will earn more and buy you lots and lots of shoes.” He tilted his head: “No need for a lot, as long as Dad can play building blocks with me every day.”
The wind lifted the hem of his clothes, revealing an old T-shirt printed with “Go Dad”—the one I forced myself to buy after last week's liquidation. Now he runs over holding two popsicles: “Dad, one for you, one for my ‘super amazing inventor’!”
Sunlight filtered through the sycamore trees, casting spots of light on the new shoes. My phone vibrated, Binance notified “Profit of 1523 USDT has been credited.” I smiled and chased after him, some money comes in slowly, but happiness, I want to hold tight in my palm before my son grows up. $ETH
What coin are you playing? If it drops after you buy, don't complain. If it drops by 20% or 50%, just buy more to lower the average price.
小福星7
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Bearish
$TOWNS The market is against human nature. When you buy, it falls; when you sell, it rises. Don't think about catching the bottom! 🤣 You might get hung up on a tree at 90. Unless it first rises five times, consider entering. Don't waste your principal; there are opportunities in the market every day, but principal is not always available.
During mealtime, my husband specifically told me to share the opportunity of $TOWNS with everyone. He said this ticket has been consolidating at a low level for a long time, 0.03u is the support level, and the first breakout to watch is 0.05u; if it’s strong, it could reach a new high directly. He also reminded me that the market can be tricky, and it can easily scare people into selling, so we need to stay steady. He knows I am doing this and supports me in sharing his insights, so I’m letting you know right away. If you want to see all his real trading records and complete analyses every day, follow my post: His Journey to Mastery.
MUTM pre-sale frenzy, a 71% locked return is tempting; Dogecoin is steadily making progress, how many times can this classic meme coin multiply? And Ethereum has been operational for ten years without downtime, what secrets are hidden behind this strong support? Should we continue to bet on the veterans or gamble on the rising stars? Are you ready to place your bets in this "wealth escape"?