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#美国提高关税 During this night, the 3000 points were almost unable to hold. A decline of 6 points doesn't seem exaggerated, but a total drop of 12% over 7 days is concerning, and the fear index has plummeted to 15—market sentiment is terrible.



The worst is yet to come: a position with 25x leverage has directly shattered 19 million. The whole network is filled with wails of forced liquidations; if the 2900 support level is breached, there won't be any decent support below.

Why did it fall like this?

In simple terms, it boils down to three things coming together: a chain of liquidations draining liquidity, BTC itself unable to hold up and dragging down, and on top of that, the US stock market is also not performing well. When the profit takers see the situation is not right, they immediately start to sell off. The market was already weak, and with this, it immediately collapsed.

But - here comes the interesting part.

The RSI has already entered the oversold zone, and technically, a rebound could come at any time. What’s more strange is that while retail investors are frantically cutting losses, on-chain data shows that whales have swept nearly 40 million USD worth of ETH within 12 hours. When have these people ever made a wrong move?

Looking ahead, there will be a technical upgrade in December. Do you remember the upgrade in May this year? It skyrocketed from 1300 to 4956, almost tripling. Now starting from the 3000 position, will there be another round? No one can guarantee it, but the expectations are definitely brewing.

What should I do?

Short-term players should focus on 2900. If it holds, a rebound can be attempted, but don’t get too attached to fighting. The long-term strategy is much simpler: build positions in batches, don’t go all in at once, and avoid chasing prices or panic selling that leads to a broken mindset. One more thing, leverage should be reduced when necessary, don’t wait to be educated by the market.

This is the current situation: on one hand, there's panic selling, and on the other hand, there's an undercurrent of activity. Where do you think the December upgrade can take ETH?
ETH-1.15%
BTC0.66%
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rekt_but_resilientvip
· 11-21 08:38
Whales are sweeping in to buy up during dumps. I've seen this tactic too many times; retail investors getting wiped out is their feast. --- I can't hold 2900 anymore, I’ll turn around directly. Don’t expect a rebound to save you; all-in is the most invincible. --- Upgrade in December? Wake up, no matter how good the technicals are, they can't withstand external dumps. This wave is probably just another story of chopping up retail traders. --- RSI oversold, so what? Rebound just because? It looks more like a breath before the next plunge. --- Building positions gradually sounds good, but the question is, when is the bottom? Who can tell me? --- 25x leverage breaking through 19 million, how does this guy sleep at night? That’s the cost of greed. --- As soon as tariffs come out, even crypto crashes along with it. Didn’t expect the US to be so ruthless with this move. --- I believe in whale accumulation, but that doesn’t mean retail can profit just by following. Timing is everything. --- What to do? Reduce leverage, stay away from chasing highs and selling lows, then... wait to be educated by the market. --- Liquidity drained, BTC dragging down, US stocks underperforming—after these triple hits, no one can escape unscathed.
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TestnetScholarvip
· 11-20 20:27
Whales are buying the dip, retail investors are cutting losses, the gap is really incredible. Really, if 2900 breaks, we are doomed. December upgrade? Just listen, don't expect it to save the market. Leveraged players really need to remember this time, 19 million just disappeared like that. Tariffs and interest rate hikes coming together, mainly it's the psychology that collapsed. Let's wait and see, the RSI is already oversold, there will definitely be opportunities for a rebound. What does it mean when whales are sweeping the market? Bottom signal? Or are they lying in ambush for us? Short-term survival is the most important, don't gamble with this wave of market.
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MetaverseMortgagevip
· 11-20 13:27
Whales are buying the dip, retail investors are cutting losses, the gap is truly astonishing. If the December upgrade can really replicate May's market, those who are cutting losses now will regret it.
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ponzi_poetvip
· 11-18 16:08
Whales are buying the dip again, while retail investors are cutting losses. Why is there such a big difference? --- Can 2900 really hold? It feels easy to say, but it collapses very quickly in reality. --- RSI oversold rebound? Wake up, it always sounds like this when trapped. --- Is the December upgrade reliable, or is it just another night before the scythe harvest? --- Once leverage goes down, it feels like I've lost, this mindset really needs to be adjusted. --- 25x leverage directly breaks through 19 million, how tragic is that? Forget it, I'd better stay away from leverage. --- To be honest, it's a bit creepy when whales are sweeping the market. Do they know something we don't? --- Building a position in batches sounds good, but making quick money requires putting in a large amount at once. No one can wait. --- That wave from 1300 to 4956 was really amazing. Can it triple now? It doesn't seem that easy. --- Panic dumping, undercurrents swirling, it sounds quite poetic, but my wallet really hurts.
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BagHolderTillRetirevip
· 11-18 16:07
Whales are sweeping up while retail investors are cutting losses, that's the market. --- Has it really ended now that 2900 has broken? It feels like every time we say this, it rebounds again. --- Leverage is deadly, 19 million just vanished, it's a bit scary. --- If there’s another wave of 3x during the December upgrade, wouldn’t that be a chance to pick up bargains? --- Being trapped for so long, and now it’s falling again, it really feels never-ending. --- The RSI is oversold yet it can still fall, which shows that panic isn’t over yet. --- As soon as the tariff news came out, there was dumping; US stocks fell and ETH followed along to the grave. When will it have its own rhythm? --- Building a position in batches is correct, but if you have no reserves, it’s useless. --- Whales swept 40 million, these people are really bold, I’m scared anyway. --- It's better not to play short-term anymore; the mentality has long exploded, it's still more reassuring to hold long-term.
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RugpullSurvivorvip
· 11-18 16:02
Whales are buying when dumping, this trick is too familiar, retail investors are still kneeling to cut losses. --- If 2900 breaks, we just wait to watch the show, anyway the leverage has long been flattened. --- If there’s another wave in December’s upgrade, I’ll believe this is called "cycle". --- RSI oversold and then rebounds? Wake up, this time might be different. --- 25x directly explodes, serves you right, who told you to be so greedy. --- What a load of crap about undercurrents, I see it’s just the market makers accumulating, and retail investors are just dumb buyers. --- From 1300 to 4956, now jumping from 3000? Thinking too much, buddy, first survive this week and then talk. --- If the U.S. stock market is weak, just blame it on ETH, really something. --- Building a position in batches sounds good, but do you dare? The ones who cut losses when it drops by half. --- I believe Whales buying this, just don’t know when they will dump.
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TokenAlchemistvip
· 11-18 16:00
ngl the liquidation cascade mechanics here are textbook inefficiency vectors — whales literally feasting on retail panic. 2900 holds or we're watching protocol dynamics unfold the hard way.
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ContractExplorervip
· 11-18 15:55
Whales are BTFD, while retail investors are selling with bearish market, the gap is really incredible. Wait, can the December upgrade really triple like in May? It feels a bit overly optimistic. Breaking 2900 is really a problem; now we can only bet on a technical rebound. Leverage is a tricky thing; that guy who exploded through 19 million is probably regretting it now. Does RSI being oversold mean it will rise? Sometimes technical analysis really doesn't matter in front of fundamentals. I've heard the phrase 'build a position in batches' so many times, but very few can actually stick to it.
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