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🚨 Crypto Public Report – Beware of ETH slaughter at the peak!
The crypto market is entering a dangerous phase again. In the last 24 hours, ETH surged rapidly from $3,354 to $3,615, triggering short-lived euphoria among retail traders.
📈 Field Facts:
ETH briefly reached $3,615, approaching the psychological resistance of $3,650–$3,690.
15M RSI = 88.52 → Extreme overbought.
This spike occurred without confirmation from BTC volume, a classic pump trap indication from market makers (MM).
💀 High Risk for FOMO Long Traders:
MM takes advantage of the rapid surge to wipe out traders’ Take Profit & Trailing Stop.
Traders FOMO long at the peak risk getting trapped when the brutal final flush begins.
Based on the classic spiral pattern, ETH could dump quickly to the $3,550 – $3,500 zone, possibly touching $3,450 – $3,420 if panic selling spreads.
Main Message for the Community
Don’t FOMO at the peak!
Let MM complete the pump → trap → dump phase.
The safe zone for re-entry is only after the market forms a new support post-flush.
⚡ Conclusion:
This is currently a dangerous distribution phase, not a healthy rally.
Patient traders will wait for discounted prices after the slaughter, not chase green candles at the peak.