$ETH Recently, with the surge in Ethereum, many friends have been asking: How can it rise so sharply without large funds entering the market, relying solely on upgrade benefits? Today, let's delve into the intricacies of this.
This is a typical game of existing funds. There is only so much money in the market, and the main funds are shuffling it around, taking advantage of the upgrade to push prices up. What tricks are they playing? Simply put: first, they blow up the shorts, then entice the longs, and finally, they reap everything!
The next steps will likely be these three:
Step One: Sideways consolidation. Make retail investors guess the direction, spike prices up and down to blow out contracts, and clean out leveraged players first.
Step Two: Create panic. Suddenly crash the market to make retail investors think a bear market is coming, forcing them to cut losses and exit.
Step Three: Ultimate harvesting. Violently push the price up to $150,000 for Bitcoin and $3,500 for Ethereum, and when retail investors rush in to catch the falling knife, crash the market to complete the harvest.
This moment is very delicate:
- The trade war is coming to an end
- The Federal Reserve is about to cut interest rates
- Market sentiment is starting to stir
The main players have worked hard to push the price up, and it's unlikely they will pull back to give retail investors a chance to enter. The greater possibility is to push it up explosively, waiting until everyone thinks a bull market is here, and then sweep them all up! This trick has been used in 2017 and 2021, and it has worked every time.
Remember, brothers, the market always allows a few people to earn money from the majority. When everyone thinks it can still rise, it is often the most dangerous time. Stay alert, and don't be the last one to pick up the pieces!