2.8 ETH Slumps and Dumps! Institutions疯狂抛售, Bottom-fishing traders are all squeezed out

The market has not bottomed out at all. ETH leads the decline with a downward plunge, and the weak rebound is immediately wiped out—purely a chopping of retail investors! ETH is currently priced at $2,090, with a 24-hour high of $2,125 and a low of $1,993.78. The total crypto market cap has still fallen 1% in the past 24 hours, retracing over 32% from the previous high. Trend Research whale just sold 20,770 ETH (about $43.57 million) at 10:47, leaving only 10,303 ETH remaining—clearly a complete run.

Don’t believe in any ETH ecosystem or L2 positive news—it's all nonsense to lure retail investors into buying the dip! The entire network’s long positions are constantly liquidated, with longs accounting for over 91%. Leveraged bottom-fishing positions are wiped out instantly, and anyone hoping for a rebound is all squeezed out. BTC continues to decline, and ETH, as the follower, will only fall harder. Liquidity is drying up, funds are fleeing completely, and there’s not even a decent support level.

If you still dare to buy ETH or add leverage now, you’re just asking to be slaughtered! Don’t expect a reversal; cash is the only safe choice. ETH’s downside risk is at its maximum—buying the dip repeatedly only leads to losses. Anyone who believes in positive news will be wiped out! $ETH ‌
#ETH #以太坊 #BTC