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$ETH Is a big market move coming?
These past couple of days, retail traders' feeling is: it can’t go up, it can’t go down, being whipped back and forth. But this is precisely the effect the big players want.
Take a look at the whale holdings; long and short seem balanced, but in reality, the short margin is heavier, which is called “protecting longs with shorts,” suppressing the price to prevent it from rising, allowing them to calmly complete the bottom accumulation. The Bitcoin and the “Auntie” (Ethereum) have been oscillating at this price for two days, essentially shaking out the weak-handed floating positions.
Many people haven't noticed that the 3-day MA5 has already turned upward, indicating that the market’s “bottom price” is being secretly raised. Currently, I still stand on the bullish side; both Bitcoin and Ethereum longs are gathering strength.
Why bullish? Because from behavioral finance, there’s no room or condition for distribution here. The more deadly foreshadowing is Ethereum; compared to Bitcoin, its exchange rate has already fallen into a major support zone. As long as Bitcoin doesn’t drop, Ethereum could suddenly shoot up like a piercing arrow leading the charge.
Therefore, Sister Berry has already led her followers into long positions.
Top-tier trading often happens during calm, sideways periods when the layout is completed. Don’t complain that there’s no market now; true explosive profits never happen during obvious phases. Hold onto your core positions, and don’t sell yourself out before dawn.