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Whales are greedily gobbling up 60,000 $ETH , do you dare to follow?
ETH plummeted to 1633, retail investors cut losses, but a16z took away 25,560 tokens, Bitmine absorbed 35,138 tokens—two major institutions combined bought over 60,000 ETH!
1751 triggered a 1.039 billion USD short liquidation!
Clear liquidation map: breaking through 1751, short positions liquidated up to 1.039 billion USD, a short squeeze is imminent! Institutional buy-in at 1633-1650 is the bottom.
ETH/BTC dropped to a two-year low, extremes must reverse!
Exchange rate hit 0.027, a two-year low, extremely oversold, a rebound window has opened.
Trading strategy:
Aggressively go long near the current price of 1663;
Conservatively wait for a pullback near 1650 before going long;
First target 1675, second target 1700, third target 1751!
#以太坊基金会重组降本