Folks, don't rush into FOMO yet!
Seeing ETH surge to 3040, aren't your USDT itching to go all in? I've been watching the market for 6 hours and found that behind this wave of行情 are all 'tricks'; this is not giving away money, it's clearly the big players sharpening their knives!
Why am I bearish? A hardcore signal: divergence between price and volume!
Price is running, volume is shrinking! It's like a runner gasping for breath but unable to move their legs.
• When it surged to 3120, the trading volume shrank by over 10% in 15 minutes;
• When it broke 3040, the hourly volume was directly halved.
This kind of 'fake fat' market collapses with a push! If you chase in now, the probability is that you are just standing at the top of the mountain enjoying the breeze.
Keep an eye on these two 'life-and-death lines':
1. 3120 (Inducing line): If you can't stand firm, it's just a show, the main force is waiting for you to act impulsively and take the bait.
2. 3170 (Meat grinder): The top is full of trapped positions, the main force is not so kind as to help everyone escape unless there is a huge volume surge, otherwise don't believe it.
Script prediction (Old Tie bets a pack of spicy strips):
Washing plate script (70% probability): Pretend to rise ➡️ Trick retail investors to get in ➡️ Smash back to 3080/3050 ➡️ Force retail investors to cut losses. This is the main force's regular operation!
True breakout: Must have a volume increase to stay above 3170, otherwise it's just playing tricks.
Old Tie's heartfelt words:
Rising is to诱you to get in, falling is to collect chips. The main force's cost is around 3050-3100, they just want to wash you out and buy back at a lower price.
Strategy: Keep your hands steady, wait for a pullback! Better to miss out than to make a mistake!
Tell me in the comments: Are you currently out of the market watching, or have you already jumped in? $ETH
