ETH Breaks 2100? Don’t Be Fooled, That’s Just the Main Players Paying for “Hype”



Just now, Ade came over for tea.

He recently set his sights on a street-front shop and is eager to take over.

Ade said the shop is doing very well, with people lining up every day.

I asked, what’s the transfer fee?

He said, 200,000 yuan, the owner said he’s leaving the country and is willing to sell at a loss.

I told him, don’t touch it.

He was unconvinced and asked why I wouldn’t make money if I had the cash.

I said, go watch for a while tonight, and you’ll understand. Those queuing are paid actors, just for show — meant to attract investors like you with money to buy in.

After Ade left, I opened my computer and checked $ETH .

The chat group was lively, with someone shouting that $ETH had broken through 2100, the bull run is back, get in quickly.

The current market looks exactly like that shop Ade was eyeing.

I clicked on the 15-minute chart.

The price suddenly surged, reaching a high of 2107, then was immediately slapped back down.

Now it’s hovering around 2080, limping along half-dead.

Today, with the Americans on the weekend, liquidity dried up — where’s the real money pushing it higher?

Main players suddenly stabbing upward at this level, creating a small “door,” is just to fake a “strong breakout.”

That long upper shadow is just a paid “hype man” hired by the main players.

The goal is clear: trick retail traders afraid of missing out into buying at the top, so they can offload at a profit later.

Switch to the 4-hour chart and take a look.

The bullish confidence from the rally from 1736 is still there; the overall trend isn’t broken.

But in the short term, at this resistance level, it’s a carefully crafted “trap to lure more buyers.”

Seeing through the main players’ tricks at this point and shorting in reverse is the real way to understand the game.

But shorting also requires good timing — don’t recklessly jump in at 2080, stuck in no-man’s land.

It’s the weekend, no one’s forcing you to trade. Don’t let your anxiety become the main players’ sickle harvesting your gains.

If you want to take some meat from the main players’ mouths, Old Bao gives you a defensive strategy:
🎯 Direction: Wait for a rebound to short.
📍 Entry zone: 2100 - 2120 range. Wait until those “fake queues” clear, the price rebounds into this resistance zone and stalls, then enter.
🛑 Ironclad stop-loss: 2158. Be willing to admit defeat — saving your life is the priority.
💰 Partial profit-taking: First target 2045, second target 2000 — the key round numbers. Take profits when it looks good, don’t be greedy.

Those staying up late on the weekend watching the market have holes in their hearts they can’t fill.
ETH1,79%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SpringWuhuIsTakingOffvip
· 3h ago
How do you know I shorted 🥰, and a bunch of people are saying it will go up, but in reality, they are definitely trying to harvest the long traders. They might even keep it sideways for a few days in 2020, creating a trend of returning to 1900.
View OriginalReply0
SpringWuhuIsTakingOffvip
· 3h ago
Whoa, is this about me?🤣
View OriginalReply0
BrotherAbeivip
· 4h ago
Happy New Year 🧨
View OriginalReply0
ThePeachIsStillTrapped.vip
· 4h ago
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)