2026.5.18 Auntie's Thinking

Less bullish than Bitcoin, dominated by bears; Auntie's current decline has already surpassed Bitcoin's. After breaking below the key 2300 level on May 16 following Bitcoin, May 17 saw sideways consolidation which was also a continuation of the decline. This morning, it dropped again to 2160, hitting a recent low, with bearish forces fully in control.

$ETH
Entry: Rebound between 2130-2165, support at 2200, watch 2050-2000

Funding situation is dire: In the past 24 hours, Auntie has experienced liquidations totaling $137 million across the entire network, with 96% being long positions ($132 million). A large amount of bottom-fishing capital has been completely wiped out, crushing bullish confidence.

Fundamental bearish news: Yesterday, the Ethereum Foundation unstaked 21,270 ETH (about $50 million) from Lido for treasury management. This move was interpreted by the market as "official dumping," further fueling panic.

Greater volatility risk: Auntie's volatility is significantly higher than Bitcoin. During a downtrend, it often experiences larger and faster declines. Any bottom-fishing without stop-losses could lead to huge losses in a short period.

Macro environment is aligned: Similar to Bitcoin, expectations of Fed rate hikes, soaring U.S. Treasury yields, rising oil prices, and other macro factors are exerting comprehensive pressure on Auntie. As a riskier asset, Auntie is more heavily impacted.

Currently, Auntie is in an extremely weak market condition. Do not blindly bottom-fish. Any idea that "it will rise after falling too much" is extremely dangerous.

Strictly control positions: Auntie’s single-asset position should not exceed 8% of total funds. All trades must have stop-losses, and holding through losses is prohibited.

Closely monitor Bitcoin's movements: ETH almost entirely follows Bitcoin's volatility. If Bitcoin shows a sharp rebound or continues to break down, promptly adjust Auntie’s trading strategy. #加密市场下跌15万人爆仓