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February 3rd, ETH appears to have stopped falling but is actually consolidating with a downward drift. The small rebound is just a trap set by the big players to lure retail investors! The current price is $2,341.07, down 0.9% in 24 hours, with a low of $2,240. The crash from the predicted $3,000 strong support by Yi Lihua is over 21.96%. Previously, ETH single-currency liquidation reached $961 million, and many retail investors were fooled into entering the market during the slight rise, only to be caught at the lows and trapped, while the big players made another killing!
This small rebound is definitely not a reversal; it’s just a trap set by the big players to lure more in! Short-term liquidity continues to tighten, with a high proportion of longs being liquidated. The so-called “stabilization” is just an illusion. Fake KOLs are taking advantage of the situation to shout “buy the dip,” fooling retail investors into buying the bottom, turning their hard-earned money into their cash cow?
What’s even more pitiful is Yi Lihua! On January 27th, he confidently claimed that $3,000 was ETH’s strong support. Now ETH has fallen below $2,300, and retail investors who followed his buy-the-dip advice have lost over 21%. Meanwhile, his holdings of 651,300 ETH are floating at a loss of nearly $1.2 billion. His leverage position has a health factor of only 1.29, with a liquidation price of $1,558, getting closer to liquidation!
Don’t be brainwashed by fake KOLs’ “long-term positive outlook.” There are no signs of a short-term reversal for ETH. The liquidity is still bearish, and all the so-called positive fundamentals are just pie in the sky! Retail investors currently buying the dip are just being fooled by the small rebound orchestrated by the big players, waiting to be harvested a second time! Those fake KOLs shouting bullish are knowingly promoting traps, deliberately calling buy signals to lure retail investors and team up with the big players to cut the grass—despicable!
Fake KOLs continue to deceive, with ETH’s诱多 (trap to lure more) causing wave after wave of being trapped at lows! Who has been caught in ETH’s small rebound trap? #BTC何时反弹?