Recently watching ETH's trend, it's quite interesting.

From 2900 to over 3100 during this period, there's a very magical phenomenon: when the market is not good, the comment section is full of screams of cutting losses, chips are everywhere but no one dares to take over; when it rises, everyone becomes bullish, eager to pour all their money in. This kind of FOMO anxiety is a common occurrence in the crypto circle.

Yesterday's big bullish candle from 3000 directly to 3149 looked very grand, but think about it carefully—is this really the return of a bull market? Or are the main players harvesting the shorts? My judgment is the latter. Such explosive rises are mainly aimed at forcing short sellers to liquidate, creating the illusion that the market is about to take off.

Currently, the market is stuck around 3120. Many say this is "stabilizing and gathering strength," and are starting to shout "heading straight to 3500." But I see this more as the main players carefully setting a trap rather than gathering strength. The market stays high, seemingly calm, but in fact, it's waiting for the next participants to step in, only to be caught off guard.

This routine is actually the same every time: first attract attention, then create hype, and finally harvest the participants. The question is, how many people truly see through it? More people are still driven by the mindset of "everyone else is making money, I’m still hesitating." Pulling out next week's funds to add positions? That's not chasing the rally; that's sending warmth.

This is how the crypto market works—its pattern is absurd, repeating every time. Will you follow your instincts or stay alert?