$ETH This move is too brutal—within 15 minutes, it cascades straight down to 2006.


That “dog” market maker isn’t just plain selling off; it’s doing a precise liquidation.
It kept ranging sideways for a long time, grinding everyone down and fattening the long leverage—then, once retail traders start thinking it won’t fall any further, one strike instantly breaks through 2050.
Longs stop out + liquidation chains trigger one after another, and it turns into instant panic selling.
Now 2000 is the critical life-or-death line: if it holds, there could be a rebound; if it doesn’t, it may even drop below 1950.
The most terrifying part is that after wiping out the longs, the market maker will most likely pull back again to keep harvesting the shorts.
ETH-4.37%
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GateUser-5915cf06
· 1h ago
That makes sense.
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