$ETH #以太坊行情技术解读 This problem happens every day: confusing dumping with shakeouts.

After years in the crypto space, the most tragic stories often stem from a fatal mistake—mistaking the main force’s dumping behavior for a shakeout opportunity. Last week, a friend hurriedly asked me whether he should add to his position after a certain coin dropped 30%. I looked at the chart, and my stomach clenched. That was not a shakeout at all; it was clearly the main force clearing out positions. Yet he still bought in.

A typical case some time ago: a coin rose from 2U to 5U and then began to retrace. Many in the community called for buying the dip, but the more they bought, the more they lost. In the end, they had to cut their losses and cried. The signs were there early—at high levels, trading volume surged while price stagnated, signaling the main force was quietly exiting. Then, a dump caused the price to plummet straight from 5U to 3U, with no decent rebound in between. After the drop, there was a misleading rally that looked like it would surge, but trading volume had already shrunk long ago, just baiting the last batch of buyers.

What does a real shakeout look like? A very typical example is GAMA—I’ve been watching it. During a decline, its trading volume shrinks drastically; during a rebound, volume suddenly surges. The key support levels are held firmly, which is a sign that the main force is cleansing retail traders’ chips.

The core criteria to distinguish are three points. Remember these to avoid many pitfalls:

**Volume behavior**: Shakeout → volume shrinks during decline, expands during rebound; Dumping → volume expands during decline, shrinks during rebound.

**Key level behavior**: Shakeout → holds the bottom line; Dumping → directly breaks support.

**Downtrend rhythm**: Shakeout → slow decline with quick recovery; Dumping → rapid crash with weak rebound.

In simple terms, candlesticks will speak if you are willing to listen. Mainstream coins like $ETH are easier to interpret and are good for beginners to train their eyes. Don’t expect to win every time, but at least learn to avoid dumping traps—that’s the secret to lasting longer.