Whale 20x All-in on ETH! The night before a bloodbath for the bears?



Others are fearful, I am greedy. When whales increase their positions against the trend, it often signals a trend reversal.

1. ETH 1-hour chart shows current price at 1640, RSI converging on three lines (62/54/50), trading volume continuously shrinking, bulls and bears in stalemate.

2. Smart money gives a deadly signal: bears hold 2,642 positions worth 1.51 billion, average entry at 1813, currently with an unrealized profit of 159 million; bulls hold 499 million, average entry at 2121, with an unrealized loss of 146 million. Bear crowdedness has reached its peak. Looking at the liquidation map—above, short positions face a liquidation strength of 10 million, while long positions only 1 million. Once the price breaks above 1700, bears will be liquidated in a chain reaction.

3. News: The whale's new address just deposited 3 million USDC, holding 36k ETH long positions 20x leverage, previously making a profit of 1.7 million—he is betting on a short squeeze.

4. Personal opinion: The main force will first lure shorts to around 1620, then quickly push above 1700 to trigger a short squeeze.

Case: Similar to Bitcoin from 19,000 to 22,000 in March, with short positions liquidated over 300 million.

Trading ideas:

Long strategy: Buy in batches around 1620-1630, target 1700-1750.

Short strategy: Rebound to 1780-1800 area to open short positions, target 1650. $ETH $BTC #我的Gate交易时刻 #美国5月CPI创三年新高
ETH1.22%
BTC1.74%
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