This week, Ethereum's price movement has indeed been a bit strange. Since the short position on the 18th, the entire coin price has been fluctuating within a very narrow range—reaching a high of 3077 and a low of 2888, with about 10 days spent oscillating between 3064-2926.



A careful observation of yesterday's trend reveals some clues. From morning until after 10 PM, the price was forcibly pushed into a fluctuation range of 2978-2816, only to fall to 2893 after 10:30. This kind of manipulation doesn't seem like natural market behavior; it looks more like someone is deliberately controlling the rhythm.

In recent days, the most active trading range has been 2980-2890, with repeated attempts to break through but all unsuccessful. So far, my observation is that the market makers are repeatedly testing support and resistance levels, trying to find areas where liquidity is concentrated.

Based on these 10 days of real trading experience, my advice is to not rush into directional trades on Ethereum this month. In this clearly controlled oscillation zone, participating involves significant risk. It might be better to wait and see if a breakout from this narrow pattern occurs before considering an entry.
ETH-1,15%
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LiquidatedNotStirredvip
· 1h ago
The dealer's technique is a bit obvious, almost like writing "I'm shaking out the traders" on their face.
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NftMetaversePaintervip
· 12h ago
ngl the liquidity mapping thesis here is giving algorithmic beauty vibes... this compressed 189-point range feels like watching a generative pattern converge on its equilibrium state, y'know?
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Frontrunnervip
· 12h ago
It's the old trick of the big players accumulating shares again. This wave really makes it hard to sit through. Getting squeezed in and out, let's wait for a breakout, I'm not in a hurry. Why do anything before the break? Just have some tea and wait. This rhythm feels like they're digging for liquidity, it's too obvious. I've already pulled out. Let's see if it can break through 2980 before considering further.
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LiquidationWatchervip
· 12h ago
The dealer's technique is really clever, completely just teasing the orders, waiting for us to get anxious and enter the market.
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APY_Chaservip
· 12h ago
Still squeezing toothpaste, this market is really stifling. Yesterday's pull was too obvious, small investors were all used as ATMs. Let's wait for a breakout; entering now just means giving away money.
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UnluckyMinervip
· 12h ago
Wait a minute, this manipulator's tactics are too obvious. Yesterday's surge was really outrageous, it feels like they were just accumulating positions.
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RebaseVictimvip
· 13h ago
The market maker is repeatedly manipulating within the range, this wave looks really uncomfortable. --- The price between 2980-2890 keeps jumping back and forth, it really seems like they're deliberately hitting stop-losses. --- Stuck in this crappy range for 10 days, I've already given up. Maybe I'll wait for a breakout. --- Last night's pump and dump felt off, someone is definitely manipulating behind the scenes. --- Alright, alright, let's just observe for now and not get caught up in the market maker's tricks. --- I've seen too many of these liquidity hunts; it's better to be cautious. --- ETH has been extremely strange this week, I feel like we'll only see the true direction next month. --- Tired of being tortured by the oscillations, might as well take a break before jumping back in.
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