The 
ETH chart reeks of market maker meddling—erratic swings and volume surges that defy natural flow. On the macro, I’m targeting the 3.618 Fibonacci, projecting $15.3K (±5%). The fingerprints of an orchestrated push are everywhere, yet the Fibs hold firm. Some might nitpick my 4th wave breaking Elliott Wave rules, but anyone tracking ETH this cycle knows manipulation has been the real driver.
Market makers play a critical role in financial markets, including crypto likeETH, by providing liquidity and facilitating trades. However, their tactics can sometimes tilt the game in their favor, especially in less-regulated spaces. Here’s a breakdown of common strategies they might use to manipulate price action, potentially aligning with the ETH chart behavior you’re observing:
Spoofing: Market makers place large buy or sell orders with no intention of filling them, creating fake walls of supply or demand. This tricks retail traders into buying or selling prematurely. OnETH, you might see sudden order book depth vanish as price approaches key levels, like a Fibonacci retracement, only for it to reverse abruptly.
Wash Trading: They execute rapid buy-sell trades with themselves to inflate volume, signaling artificial momentum. This can lure traders into chasing a “breakout” onETH, only for the price to stall—say, short of your 3.618 Fib target around $15.3K—leaving late entrants holding the bag.
Stop Hunting: Market makers often push prices just past common stop-loss zones (e.g., below a support like $2K or above resistance) to trigger liquidations. InETH’s case, a dip below a psychological level followed by a quick recovery could signal this, padding their pockets with liquidated positions.
Momentum Ignition: By placing strategic trades, they kickstart a trend—up toward your $15.3K target, for instance—drawing in FOMO-driven retail. Once the herd piles in, they dump their positions, capping the move before it hits the levels you’re watching.
Order Book Fading: They thin out liquidity at key price points, making it easier forETH to swing wildly. If the chart shows low-volume pumps or dumps around strong indicators, then it’s a sign they’re controlling the pace to shake out weak hands before the real move.
ETH chart reeks of market maker meddling—erratic swings and volume surges that defy natural flow. On the macro, I’m targeting the 3.618 Fibonacci, projecting $15.3K (±5%). The fingerprints of an orchestrated push are everywhere, yet the Fibs hold firm. Some might nitpick my 4th wave breaking Elliott Wave rules, but anyone tracking ETH this cycle knows manipulation has been the real driver.Market makers play a critical role in financial markets, including crypto like
ETH, by providing liquidity and facilitating trades. However, their tactics can sometimes tilt the game in their favor, especially in less-regulated spaces. Here’s a breakdown of common strategies they might use to manipulate price action, potentially aligning with the ETH chart behavior you’re observing:Spoofing: Market makers place large buy or sell orders with no intention of filling them, creating fake walls of supply or demand. This tricks retail traders into buying or selling prematurely. On
ETH, you might see sudden order book depth vanish as price approaches key levels, like a Fibonacci retracement, only for it to reverse abruptly.Wash Trading: They execute rapid buy-sell trades with themselves to inflate volume, signaling artificial momentum. This can lure traders into chasing a “breakout” on
ETH, only for the price to stall—say, short of your 3.618 Fib target around $15.3K—leaving late entrants holding the bag.Stop Hunting: Market makers often push prices just past common stop-loss zones (e.g., below a support like $2K or above resistance) to trigger liquidations. In
ETH’s case, a dip below a psychological level followed by a quick recovery could signal this, padding their pockets with liquidated positions.Momentum Ignition: By placing strategic trades, they kickstart a trend—up toward your $15.3K target, for instance—drawing in FOMO-driven retail. Once the herd piles in, they dump their positions, capping the move before it hits the levels you’re watching.
Order Book Fading: They thin out liquidity at key price points, making it easier for
ETH to swing wildly. If the chart shows low-volume pumps or dumps around strong indicators, then it’s a sign they’re controlling the pace to shake out weak hands before the real move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.