Noticed an interesting detail in the market—some insider whale at 1011 has placed a buy wall of 19,108 ETH at the $3,280 level. This wall still seems quite solid for now. However, it's uncertain when it might be eaten through or if the person will just pull it back themselves.
Friends who still hold open positions are advised not to rush into long positions. A more cautious approach is to wait until after the rate cut decision lands in the early hours of the 11th, then wait until Powell finishes speaking around 3:30 AM, clearly observe the market reaction, and then take action—it's not too late.
Already holding positions with unrealized profits? Consider taking profits first. If you really want to hold, remember to set a moving stop-loss to lock in profits. As for the stuck positions, hold off on adding more until the situation becomes clearer.
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degenwhisperer
· 12-10 11:54
19,108 ETH wall? Come on, this amount is just a drop in the bucket for whales. Once Powell speaks, it’ll collapse just like that.
Wait... is this really true or not? Where did this data come from?
Damn, another rate cut market. If you don’t lose this time, you’re winning.
I really don’t understand why they still want to add to their positions. They’re already trapped, yet they keep throwing money in?
At the price level of 3280... it feels like a trap.
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BlockchainFries
· 12-10 11:45
That wall with 19108 coins looks intimidating. To be honest, I think there's an 80-90% chance it'll be eaten up.
Waiting until Powell finishes speaking before taking action is not only safer but also wiser.
Take profits quickly and don't be greedy.
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faded_wojak.eth
· 12-10 11:42
This whale's hanging position is indeed solid, but it feels a bit like bait.
No rush, wait to see what Powell says before jumping in. Anyway, there are plenty of opportunities.
If you have unrealized gains, take profits quickly. If you're caught, just hold steady. Replenishing positions is asking for trouble.
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ProposalDetective
· 12-10 11:31
19108 ETH wall, ready to withdraw at any time, this whale really knows how to play
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Once Powell opens his mouth, these chip positions will probably be rearranged
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Take profits when there's unrealized gain, don't be greedy, there's always another chance later
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At 3 a.m., I was definitely sleeping; I’ll check the market when I wake up
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Brothers who are trapped, stay steady. Adding to your position now is just handing money away
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This wall is so solid, I actually find it hard to believe, feels like it’s just waiting to be smashed
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Before the rate cut, this move truly depends on Powell's mood and words
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The most comfortable for those holding no positions, just do nothing
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gaslight_gasfeez
· 12-10 11:30
The long ETH wall of 19,108 ETH is quite intimidating, but whales can pull out just as easily. These numbers may look frightening, but they are actually of little use.
Powell is the real disruptor; only after he speaks will we know how to proceed.
Noticed an interesting detail in the market—some insider whale at 1011 has placed a buy wall of 19,108 ETH at the $3,280 level. This wall still seems quite solid for now. However, it's uncertain when it might be eaten through or if the person will just pull it back themselves.
Friends who still hold open positions are advised not to rush into long positions. A more cautious approach is to wait until after the rate cut decision lands in the early hours of the 11th, then wait until Powell finishes speaking around 3:30 AM, clearly observe the market reaction, and then take action—it's not too late.
Already holding positions with unrealized profits? Consider taking profits first. If you really want to hold, remember to set a moving stop-loss to lock in profits. As for the stuck positions, hold off on adding more until the situation becomes clearer.