If you listen to my brother Biscuit @Airdrop_Guard about trading coins, you probably won't be able to afford four hot dishes in this lifetime.
⌞ Write a script for everyone to enjoy ⌝ Everyone, hold on tight and brace for the end-of-month crash. I’ll make a prediction, starting with the real data. 🥶 At the end of the month, there will be a sell-off of 2.76 billion USD in ETH spot, while Ethereum's MicroStrategy BMNR has a daily buying limit of only 200 million, which can't hold up; it's going to collapse. Data source: Currently, there are 910,461 ETH in the Ethereum PoS network exit queue, worth about 3.91 billion USD, marking a historical record for exit scale in terms of currency. In comparison, there are about 268,217 ETH waiting to join the network, worth only 1.151 billion USD (validatorqueue data). 🎯 Spot ETFs are continuously flowing out, once the engine of growth, now instantly turning into the main force of the sell-off. Yesterday, the net outflow from the US Ethereum spot ETF was 196.6 million USD, while the Bitcoin spot ETF saw a net outflow of 121.7 million USD. 🔸 The fuel for spot ETFs has run out, starting to aid in the sell-off. 🏹 Whales are facing forced liquidation; if they go bankrupt, the sell-off will accelerate. "125,000 USD rolling long on ETH" - a whale has again reduced their position by 1,300.47 ETH, with the liquidation price for both positions now around 4,177 USD. "Brother Ma Ji" Huang Licheng's long positions in ETH, BTC, HYPE, and PUMP are now showing a floating loss of nearly 10 million USD. According to Coinglass data, if Ethereum falls below 4,100 USD, the cumulative liquidation intensity of long positions on mainstream CEX will reach 1.392 billion. 🔸 The market's ups and downs have never been about you being good, me being good, everyone being good; Mr. Market is here to eat human flesh and bite bones. ✅ My script 🔹 This Thursday, the Federal Reserve data and Powell's speech will worsen the market's downward trend (around -3% daily), leading to a new round of declines starting Friday. 🔸 Next Monday, there will be a rebound, but it will be weak; market confidence has already been lost, and there is no courage to make reasonable long positions. 🔹 Next Thursday, the three heroes will descend upon the temple, with options month-end settlement gearing up, reinforcements from ETH spot unlocking in the queue will arrive, combined with the release of the US PCE index, the market will start a crazy sell-off, leading to a weekend of wailing. 🔸 In mid-September, the Federal Reserve is expected to cut rates by 25 basis points, with a probability of 71% on Polymarket, leading to a violent bull market, with Ethereum sprinting to 8,000 USD by the end of October. The market, through the massacre operation from the end of August to early September, crazily cleared the leverage of long positions, causing Ethereum's price to drop to a terrifying 2,700 USD! Remember, the historical high of Ethereum at 8,000 USD comes at a cost. Unfortunately, those long positions that were liquidated will never see Ethereum's greatness again.
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