$ETH 📈 - Helicopter Helicopter 🚁
Price #Ether dropped to the level of 2,205, with massive red volumes.
When BTC dips by -2.23% and altcoins like SUI or ENA plummet by -9%, it indicates that the 'cap' was pulled not only in Ethereum but across the entire pool.
The whole market crashed simultaneously ⌛, reinforcing the theory of fake moves and manipulations. This isn't just an ETH issue; it's a systemic operation to scoop up cheap crypto.
Firstly - it's a cascading liquidation of longs.
When the price broke through 2,250, triggers for closing leveraged positions were activated. This sparked a chain reaction: the exchange forcibly sells traders' assets, pushing the price even lower, triggering subsequent stop orders.
Secondly, as soon as the price touched 2,205, there was an instant bounce - market makers are squeezing the shorts that entered at the very lows, thinking we're heading to 2,000. 🚁
Conclusion.
The market maker took money from both those who believed in a rise and those who tried to cash in on the drop at the last moment.💸
Now only whales 🐋 and #Spot holders #Hold who cannot be liquidated by price remain in the game.☯️
#SimpleEarnFlexible 💰
$ETH
It seems like the dust is starting to settle. ⚖️📉📈
Price #Ether dropped to the level of 2,205, with massive red volumes.
When BTC dips by -2.23% and altcoins like SUI or ENA plummet by -9%, it indicates that the 'cap' was pulled not only in Ethereum but across the entire pool.
The whole market crashed simultaneously ⌛, reinforcing the theory of fake moves and manipulations. This isn't just an ETH issue; it's a systemic operation to scoop up cheap crypto.
Firstly - it's a cascading liquidation of longs.
When the price broke through 2,250, triggers for closing leveraged positions were activated. This sparked a chain reaction: the exchange forcibly sells traders' assets, pushing the price even lower, triggering subsequent stop orders.
Secondly, as soon as the price touched 2,205, there was an instant bounce - market makers are squeezing the shorts that entered at the very lows, thinking we're heading to 2,000. 🚁
Conclusion.
The market maker took money from both those who believed in a rise and those who tried to cash in on the drop at the last moment.💸
Now only whales 🐋 and #Spot holders #Hold who cannot be liquidated by price remain in the game.☯️
#SimpleEarnFlexible 💰
$ETH
It seems like the dust is starting to settle. ⚖️📉📈
