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The recent drop of ETH to 1754 is a signal to buy the bottom? Beware is the capital slaughterhouse!
When you think you have seized the opportunity to buy the bottom, you don't know that it may just be an ATM for the whales. Under the bullish wave of Ethereum upgrades that are popular on the whole network, what is hidden is a bloody capital hunt. Those so-called experts who swear that "Ethereum is pointing at 5000" will not mention that the whale accounts with a holding cost of $2,600 - $3,100 have long been filled with empty orders at key pressure levels, waiting for retail investors to enter, and every $100 price fluctuation is their sharp harvest.
$1,960 has become a dead line for retail investors. In the past 30 days, the price of Ethereum has made 4 false breakthroughs, more than $2.3 billion of funds have been wiped out, and countless investors have lost their money. The on-chain data ruthlessly revealed, the average cost of the top 100 holding addresses is only $2,874, do you dare to compare with the holding cost? In the dark position of the exchange, there is huge selling pressure worth $4.7 billion lurking above $3,100, like a sword of Damocles hanging over the heads of retail investors.
How to protect yourself in this cruel capital game? Keep in mind the three rules of survival: when the price breaks through the previous high, we must pay attention to whether the short position declines, and grasp the market trend with the help of a professional data platform; When KOLs are frantically shouting orders, calmly open the on-chain position query tool to see the truth behind it; Learn the operating idea of the institution, reduce the position by 10% for every $100 rise, and don't let the blind "pattern" become someone else's meal.
It's time to review your trading history, are the big Vs who keep you holding positions for a long time really align with your interests? Don't be the last person to take over in the bull market dream, stay sober in order to survive in this capital whirlpool.
Finally, it is emphasized that the argument is not convinced! #F1极速冲刺,享$50,000大奖 #BTC 行情分析 #潜力山寨币 #ETH