Ethereum market has recently experienced another wave of volatility, with prices dipping to $4228, triggering a brief panic in the market. On the surface, this seems to have been influenced by some negative news, but in reality, it could be a whipsaw maneuver by market makers seizing the opportunity.



Recently, a well-known figure's public statement on cryptocurrency regulation, along with the news of Ethereum's unstaking, has triggered market fluctuations. However, a careful analysis reveals that these news items do not constitute substantial negative factors.

First of all, the statements regarding cryptocurrency regulation have not brought any new information, as institutional investors have long anticipated this. Secondly, the number of Ethereum unstaked is only 23,000 coins, accounting for 0.03% of the total circulation, which is far from being able to influence the market. Moreover, previous news indicated that most holders who have unlocked their assets choose to continue staking rather than selling.

From a technical perspective, Ethereum's price has found strong support around $4228, a level that has proven its importance multiple times before. After the panic sentiment was released, buying quickly entered the market, pushing the price to rebound rapidly to around $4310.

For investors, this pullback may be an opportunity to buy at a low. If Ethereum can hold steady in the $4200-4300 range, its upward trend is still expected to continue. Market makers often use superficial negative news to whipsaw investors, preparing for the subsequent rise.

Investors who truly understand the market will not easily cut losses in times of panic, but will seize the opportunity of such pullbacks to strategically increase their positions. Of course, investors should fully consider their risk tolerance and conduct comprehensive market analysis before making any decisions.
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down_only_larryvip
· 6h ago
buy the dip twice and trapped once old suckers
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BearMarketNoodlervip
· 08-18 18:52
Just take advantage of the situation to Be Played for Suckers.
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DegenDreamervip
· 08-18 09:48
How to avoid turmoil in the void? Don't panic!
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OnChainDetectivevip
· 08-18 09:48
On-chain monitoring shows that large investors' addresses have been active for 8 consecutive hours. This fall is definitely suspicious.
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LiquidityWitchvip
· 08-18 09:44
watching the whales perform their dark ritual of liquidity extraction... the ancient eth charts never lie
Reply0
IntrovertMetaversevip
· 08-18 09:40
Damn, washing suckers again.
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