BTC violently rebounds, but ETH is waiting for a liquidation?
The spectacle of "BTC eating meat, ETH getting beaten" has indeed left many old investors confused. Since you want to observe the "whale liquidation, why did BTC rise while ETH is still falling? There is a bottom that is called 'waiting for the total liquidation to buy'
The current market is too strange: BTC is strongly rebounding thanks to Binance's SAFU fund, while ETH is like a kite with a broken string.
Big players in the circle are spreading rumors that a certain whale with the surname Yi's long position in ETH has become the market's "clear target".
Everyone's psychology is very subtle right now:
• Want to buy the dip, but fear catching the bloody chips from the whale's liquidation.
• Not buying the dip, but fear this could be the last golden pit.
The result is: everyone is waiting. Waiting for him to liquidate, waiting for him to stop loss, waiting for the final plunge. The worst fear is not the bad news, but that everyone is waiting for the bad news to run out.
Is this wave the starting point of the rebound, or the prelude to the whale's fall and the birth of all things?