Brothers! A major news just dropped, blowing up the trading group—contract whale pension-usdt.eth has completed intra-day ETH contract swing operations, and has firmly occupied one of the largest long positions on Hyperliquid ETH! Is this operation a 'bullish signal' or a 'buy signal'? As someone who has followed countless whale movements, helped everyone avoid the 2021 bear market, and caught the 2024 ETH rebound, let me put it this way: don't misinterpret this signal; stepping into the wrong pit means losing everything. Understanding the trend is key to profiting!
First, let me highlight three deadly pitfalls; whoever steps in will be in trouble!
The first pitfall: blindly following the trend to chase long positions! Don't think that just because whales are bullish, you should follow them with full positions. You should know that this guy has a win rate of 94.1% in the past month, making a crazy profit of $24.04 million. They can accurately time the waves; can you? Hyperliquid has millisecond-level transaction speeds; whales closing and reopening positions happen in an instant, while retail investors following along are likely to be left holding the bag.
The second pitfall: ignoring the signals behind 'swing trading'! Whales complete swings within the day, indicating that short-term market volatility will increase. Don't think you can just hold your positions and wait for a big market move; stubbornly holding in a choppy market just means sending transaction fees to the exchanges.
The third pitfall: forgetting the market environment! The total market value of the current cryptocurrency market is still struggling around $3 trillion, and the fear and greed index is still in the deep fear zone. At this time, even the strongest whales cannot withstand systemic risks. Don't take the movements of a single whale as the only lifeline.
Let me reiterate my core viewpoint, if you disagree, come debate! In the short term, ETH is likely to fluctuate and consolidate in the range of $2930-3150! On one hand, the whales have not liquidated their long positions, but instead continue to hold after a wave, indicating they are optimistic about the mid-term trend. However, in the short term, they need to realize some profits, which will cause the price to be pulled back and forth; on the other hand, the technical indicators show bullish MACD volume and upward RSI, along with 32.4 million ETH being staked and the exchange inventory hitting a multi-year low, all of which are hard logic supporting the price. But don't be too happy too soon; $3100-3150 is a strong resistance level, and if it can't break through with volume, it's a false breakout, which may lead to a pullback testing the $2880 support.
In the medium to long term, I dare to assert: as long as the liquidity release from the Federal Reserve's new policy is in place, ETH will definitely break the previous high! You should know that Hyperliquid currently holds a 5.1% market share in global perpetual contracts, with open interest growing by 479%. Whales choosing to heavily invest in ETH long positions on this platform indicates their optimism about the vitality of ETH's derivatives market. Additionally, the Federal Reserve allowing crypto companies to access the central bank payment system is a key step for the cryptocurrency market towards the mainstream, and medium to long-term funds will certainly continue to flow in.
Lastly, I remind everyone: keep a close eye on two signals next.
Firstly, the changes in the position of pension-usdt.eth; once he starts to reduce his long position, immediately lower your position.
Secondly, whether ETH can stabilize at $3150, and once stabilized, it won't be too late to add positions. Follow my rhythm; I will track the on-chain data of whales and market volume daily in the background. If you feel helpless and confused in trading right now, and want to learn more about cryptocurrency-related knowledge and first-hand cutting-edge information, follow me@标哥说币 .
