#数字资产市场动态 $ETH Just when it plunged to 3175, the group was indeed lively for a while. Countless people were itching to buy the dip, and I was also a bit nervous.



But when I calmly analyzed the market logic, I chose to stay on the sidelines. Why? Because this position is often the easiest to become a "retail investor’s flying knife gathering."

The behind-the-scenes reason for this sharp decline is actually quite clear:
• Long positions are floating, retail investors are frantically entering at extreme lows
• Market maker psychology: as long as the bulls keep holding on stubbornly without admitting defeat, there’s reason to continue downward, thoroughly washing out this batch of floating buy orders
• Worst-case scenario: a second bottom or repeated consolidation, until the bullish mentality completely collapses

⚠️ So my approach is simple:
Cancel all pending orders, go completely flat and watch the show. Now, the key is to patiently hold at 3160, waiting for a true secondary confirmation signal before acting.

There’s a saying I’ve always believed: in this market, knowing when not to trade is sometimes more valuable than knowing when to trade.

Quick question: to everyone who just followed the trend and bought the dip, how is your position now? Let’s chat in the comments 👇
ETH-3,67%
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SleepTradervip
· 8h ago
Damn, it's the same old manipulation logic again, fooling people into taking the bait every time. It's comfortable to sit on the sidelines and watch the show, but by the time the signal appears, it's already too late.
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PumpStrategistvip
· 8h ago
Watching a bunch of people catching flying knives in the group, I really laughed. Going all-in before the pattern is complete—aren't they just giving away money? Holding a vacant position and watching the show is indeed enjoyable; it can extend your life by a few years compared to chasing highs and killing lows. Since 3160 hasn't been broken, I remain still. I want to see how long these people can hold on. Wait, regarding this pile of chips at this accumulation point, how likely is a second bottom? Has anyone calculated it? Those who succeed in bottom fishing are always a minority; the rest are destined to be harvested. What’s painful is seeing people jump into traps even when they know it's a trap, and watching their mental state collapse—it's really uncomfortable. This wave of market movement has taught me the most that sometimes, keeping quiet is more professional than reckless operations.
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ImpermanentPhilosophervip
· 8h ago
This wave is indeed a manipulation trick, and those who are catching the flying knives probably have their mental state shattered haha. My finger hurts too, but I still held back. Your analysis is spot on. Watching from the sidelines while emptying the position is really the highest level of strategy. I have to say, I admire your discipline. Waiting for a second confirmation before getting in is what serious traders do.
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MoneyBurnerSocietyvip
· 8h ago
This wave is indeed a classic retail investor catching falling knives scene. Seeing you all preparing to buy the dip, I already know what will happen next. I almost lost my composure too, but luckily I held back. Now we're just waiting for a second bottom to harvest. Patience is easy to talk about but hard to do. Are you guys starting to regret now? Haha
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