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🔥Whale buys 30,000 coins in a frenzy! ETH 1770 "bottoming out" is a trap? Liquidation map reveals a "cemetery" for shorts!
“Candlesticks are mirrors, reflecting retail traders' panic; capital is water, flowing where it goes, signaling the night before a surge.”
News update:
ETH fell from 1848 to the current 1771, 1-hour MACD shows a death cross, seeming unstable. But don’t be fooled! The latest news is that “smart money” is going on a buying spree: Arthur Hayes-related addresses continue to accumulate up to 4,400 coins, whales geministar.eth bought over 32,000 ETH in two days (worth over $57 million)! The 80 million whale is also heavily leveraged, increasing ETH holdings, with a historical profit of over $4 million.
Look at the liquidation map again: current price 1772, above there is a massive liquidation wall of short positions at the 1800-1850 range. It’s like a landmine buried under the shorts’ feet—once the bulls attack, it will trigger a stampede of short squeezes!
Personal opinion:
This drop is a typical “shakeout and accumulation.” The main players use a death cross to lure shorts, whales are accumulating at the bottom.
Trading strategies:
• Trend-following long (preferred): If the price retraces to around 1740-1750 without breaking, add to positions decisively. Target 1790—1830.
• Countertrend short (for short-term speculation only): Only short if a rebound to 1820-1830 is clearly resisted (long upper shadow), with a small position.
This wave, smart money has already cast its vote with real money. ETH this week is very likely to break through 1900!
Do you think this “bottoming out” is a trap or a prelude to takeoff? Follow Anna, and you’ll eat meat without getting坑.
#TradFiCFD黄金大师赛 #Gate上线港股交易 $BSB $BTC $UNI