The main market players' wave of profit-taking can be described as a full sweep, with a total liquidation volume of 300 million USDT across the entire network in 24 hours, including over 200 million USDT in long positions lost and 100 million USDT in short positions also wiped out.

$ETH Starting from $2,156, the price dropped all the way down to $2,076, then quickly rebounded to $2,130, with an amplitude of nearly $80 just back and forth. Under 100x high leverage, whether going long or short, investors on both sides were repeatedly forced to liquidate, getting caught across the board.

Four-hour data is even more outrageous: in just 4 hours, over 20.89 million USDT was liquidated, with 11.82 million USDT in short liquidations and 9.06 million USDT in long liquidations. The main players first dumped the market to wipe out all longs, then reversed to push prices up and liquidate shorts, double-sided harvesting, taking all profits in one sweep.

$BTC The market is even more torturous: the price fell from $77,772 to $76,018, directly forming a massive bearish candle with over $1,700 in real body. It broke through the key support at $77,205 of the SUPERTREND indicator and the lower band of the Bollinger Bands at $76,520, with the current quote at $76,795. Technically, the KDJ indicator's J value reached 79.5, seemingly about to turn down, but the MACD death cross continues to diverge and expand. At this price level, opening longs could easily trigger a new round of dips; opening shorts recklessly risks an immediate rebound and liquidation, making both options risky.

LAB's decline is also relentless: the price dropped from $5.06 to $4.43, now at $4.62, down 3.6% intraday. The strong resistance at $4.78 of the SUPERTREND is firmly suppressing the price. The KDJ J value fell to 19.6 into oversold territory, but for tokens like LAB, oversold conditions never necessarily signal a rebound; instead, they often indicate further deep declines. Someone exited at $3.78 earlier, and now, even if the price returns to $4.62, it’s long gone from their hands. Meanwhile, those who chased longs at $5.00 without timely stop-loss are now forced to endure a second round of slow, persistent deep losses.

The current ETH market is like a sponge that has been thoroughly wrung out: the resistance at $2,112 of the SUPERTREND continues to exert pressure, with the price oscillating within a range, and the Bollinger Bands narrowing to just $18 in volatility. Whether this narrow sideways movement is a brief calm before a major move or the main players waiting for more retail investors to enter and prepare for a new round of harvesting remains to be seen. $BTC ‌$ETH ‌#PYTH今日解锁21.3亿枚代币