Hello everyone in the crypto world. If you only read the headline and scroll away today, I bet next time the market turns, you won't even turn your head back to catch up.

Speaking of which, I've been in this circle for over ten years. From the darkest bear markets to now, I've stepped on more pits than I've eaten meals. Today, I don't want to talk about news gossip or the mechanical repetition of various candlestick charts. Instead, I want to share the undercurrents I've observed behind this recent ETH movement—especially the silent battle around the $2700 mark.

**1. Don't be fooled by the concept of "support levels"**

You've seen judgments like "$2700 is a strong support," right? Most people see this and immediately think "bottom-fishing opportunity," their eyes practically shining. But the truth isn't that simple. This level isn't meant for retail traders to bottom-fish; it's a carefully designed battleground by the big players.

Looking back at that needle-like move in early December: ETH spiked to $2721 in seconds, and the entire network was buzzing with "it's crashing, it's crashing." What was the result? Less than three minutes later, nearly $210 million poured in, pushing the price back above $2800. This isn't market support; it's a show—like a martial arts duel in a wuxia novel, where the master deliberately exposes a flaw, waits for you to attack, then strikes back ruthlessly.

Examining this range, over $3.5 billion in open contracts are stacked. The 50-day moving average and Fibonacci 27.2% retracement intersect here, like two precise nooses tightening around this level. If this is a coincidence, I’ll eat my keyboard. Someone has been calculating these traps meticulously when planning their moves.

**2. Whale's "fake fall, real吸" tactic**

The big whales' tricks—I started studying this last year.