Those who have been shouting in the group every day that "$BTC will break 60k" are probably now hiding under the covers, afraid to open their phones.



I just pulled this from the market chart, and $BTC this wave of the 64k rebound has completely confused the brothers who were shorting a few days ago.

I don't hold any short positions, but I looked at the liquidation map, and there are a bunch of shorts around the 64k level. Now, if it bounces up from here, it's like poking a needle into the shorts' heads.

At that time, the market was full of the argument "a rebound is just a short," and I almost believed it too. But after checking ETH's trading volume, I saw that at the 1,738 price level, the volume was still increasing, indicating someone is stepping in.

The incident where the on-chain MEV bot was counter-sniped by hackers, with $7.5 million just gone, actually quietly changes the strategies of market makers.

What I see is: at the 64k level, both bulls and bears are waiting for the other side to die first. Funding rates give no signals, and trading volume isn't exploding, which shows this isn't about choosing a direction but about a liquidation game.

Next time I encounter a position like this, I’d rather watch from the side than go in and gamble on the direction.

Do you think this 64k rebound is real, or just another big trap?

Speaking of on-chain ecosystems, the recent incident on Ethereum where Jaredfromsubway.$eth was counter-sniped by hackers is really interesting. A long-standing MEV bot that relied on sandwich attacks to prey on retail traders got precisely targeted itself, losing over $7.5 million.

This kind of "turning the tables" approach will directly undermine the trading confidence of MEV bots. In the short term, on-chain liquidity might decrease, and slippage for retail traders on Ethereum could actually become smaller.
BTC-1.38%
ETH-1.70%
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