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The intentions of Large Investors and market maker institutions are too obvious, just as I predicted yesterday. However, yesterday's sudden news sanctioned me, today recover losses55. Still acceptable.
Whether it's futures or spot, the simplest way to maximize profit is to get lower chips.
The market maker's intention now is to get as much Ethereum as possible at the lowest price.
So by smashing the big cake, the price of Ethereum was doubled and smashed down. In the next big bull market, Ethereum is definitely the most eye-catching performer. It could be two months or half a year.
Ethereum is now severely undervalued. The only explanation is that Ethereum is scattered everywhere and not centralized. So, the dealer's ultimate goal through continuous trading is to acquire Ethereum. Because Ethereum is the largest cryptocurrency that controls the market contracts. It's almost impossible to dominate the market through Bitcoin contracts, only Ethereum can do it.
So this round is about bottomless pressure on the price of Ethereum, and then dealers bottom fishing.