Take a look at the whale position data for $ETH —it’s so real, practically a “truth mirror” for retail investors.
🪞There are 1,261 long whales with an average entry price of 2,515, and they’re all underwater, sitting on more than 14 million U in unrealized losses. By contrast, the 745 shorts are not only fewer in number, but have a very high win rate, with over 16 million U in profits in hand. What does this tell us? That most of the current decline is being fueled by retail investors stubbornly holding on, while smart money either opened shorts near the top or made perfect swing trades at the bottom. My advice to you all: don’t blindly jump into longs just because the price has fallen. In this market, as long as the bulls aren’t wiped out, the downtrend won’t stop.
Only after these 1,200-plus long whales have completely lost hope and capitulated (been liquidated) will a true bottom appear. The strategy for now: keep your hands off and don’t be the hero who tries to catch a falling knife. Wait until this wave of long positions has been flushed out.
Don’t grope around in the dark in crypto. If you want to avoid pitfalls and earn steadily, follow Sister Xin’s lead!
🪞There are 1,261 long whales with an average entry price of 2,515, and they’re all underwater, sitting on more than 14 million U in unrealized losses. By contrast, the 745 shorts are not only fewer in number, but have a very high win rate, with over 16 million U in profits in hand. What does this tell us? That most of the current decline is being fueled by retail investors stubbornly holding on, while smart money either opened shorts near the top or made perfect swing trades at the bottom. My advice to you all: don’t blindly jump into longs just because the price has fallen. In this market, as long as the bulls aren’t wiped out, the downtrend won’t stop.
Only after these 1,200-plus long whales have completely lost hope and capitulated (been liquidated) will a true bottom appear. The strategy for now: keep your hands off and don’t be the hero who tries to catch a falling knife. Wait until this wave of long positions has been flushed out.
Don’t grope around in the dark in crypto. If you want to avoid pitfalls and earn steadily, follow Sister Xin’s lead!