Has the pullback reached the buying point? The market maker's large orders will tell you the answer!

Friends who are familiar with the market know that the overall trend is still rising. A healthy pump never runs wildly all the way; pullbacks are actually the norm — just like a long-distance runner needs to catch their breath to run further.

If you accidentally get stuck at this moment, don't panic, let's take it slow; if you're already in profit, first of all, congratulations on your wealth! Today, let's talk about: has the entry point for this pullback arrived?

In the morning, the price kept dropping, isn't this just "pullback to pick someone up"! For the frens who haven't gotten on the car yet, let's see where we should queue at which "station"; those who are already on the car can relax, as we haven't seen any signs of large-scale selling yet.

Let's take a look at ETH first. Come on, follow me to open the OK ETHUSDT perpetual contract interface - right now, there seems to be a slight divergence on the chart, and there is a large wall of pending orders below. At this price level, the bulls and bears are battling fiercely.

I just opened a long position here, and actually, the 4200 level is particularly crucial, but then I ran away. However, don’t worry, there’s still a "fren" supporting below the aunt.

Based on my experience tracking the main force for so long, considering their "nature", I estimate they still need to eat some chips downwards. Why do I say this? There are two huge orders hanging below! As per the old rule, let's analyze using the "tricks" of the main force's large orders — prices always like to gravitate towards the nearby large hanging orders, regardless of whether they are bullish or bearish; the main force won't miss the opportunity presented to them, not making money would be foolish.

So where can we consider the first buying point? The main force has placed the order at 4200.

There are still a bunch of small orders above, like little mounds of dirt. Experienced old fans understand this; I won't go through these details one by one, pro members can check it themselves. So from the perspective of the major orders, it's very likely that we can touch 4200 today.

That's the shortest buying point for ETH! So many frens liked it today, I have to bring out all my lifelong skills to serve everyone well. Are the frens who just asked questions still here? If not, I won't repeat it. The live stream is really heating up right now, I'm completely "burning"~ I see there's a pro member here!

Next up is Bitcoin (BTC), let's take a look at the main "underwear" of the market makers. How should I put it, since ETH's strong rise, there have indeed been fewer large orders on BTC, but still worth watching. However, currently, the main players of BTC seem a bit "playing dead", with only a few large trades, let's check what these orders are like.

Let’s talk about the super large order on August 14 —— PROs in the discussion area, did you notice it at that time? If we had seen the $210 million short position, everyone would probably have been less eager to chase the long when the price was rising, right? At the very least, we should wait for the main force of this short position to exit before considering going long to be more prudent.

So has the main force closed the short position? Let's look back along the K-line. The first closing made quite a profit, I must say, the main force is indeed the main force~ By this point, the main force has actually left quite a bit, with the second closing at this position. That's the situation for the short position, but what about the long position?

Looking up, there are also some small liquidation orders, but overall, the large short position of 210 million USD has almost been digested. As for the long positions, there are currently no signs of them hitting stop-loss or taking profit on the K-line —— in other words, there is still strong support for BTC.

On the 17th, a major player placed a large order of 61 million USD. Although a lot of funds have flowed to ETH, it is expected that after the price drops, this major player will most likely add to their position, so there is actually a bottom support in the downward space.

However, there aren't many large real-time orders for BTC at the moment, so everyone needs to pay more attention. Pro members should focus on the large orders for ETH — Look, there are already orders for ETH at 4100, pro members remember to keep an eye on it!

I'm not exaggerating, the main players are basically focused on long positions in ETH. As for Bitcoin, the current best state is just sideways movement, giving us some time to wait for a wave of altcoin season —— we old holders who have endured an entire cycle are really looking forward to this wave of recovery!

Let's look at the data from a different perspective and check the situation with ETFs to see what Wall Street is up to. Overall, there has been a massive net inflow of over 10 billion in the past two weeks! It's normal to see some outflows in a day or two, but if there are consecutive outflows for several days, everyone needs to pay attention.

Currently, ETH has not shown this kind of risk, and the narrative is slowly unfolding. After the US stock market opens tonight, we will be able to see the latest data tomorrow. In addition to large orders, the net inflow of ETFs should also be a key focus.

By the way, fren, those who want to become members click here, live stream benefits —— you can get in for a 10% discount, this level of discount is almost enough to exchange for a pack of Li Qun or an eyebrow pencil! You don't need me to say where to check ETF data, right? Save this URL: , you can also check the inflow of BTC here. Currently, there aren't any densely concentrated risk areas, so everyone can relax!

I haven't seen any particularly good opportunities on the liquidation heatmap yet; making money requires waiting for the right position. Currently, there are large sell orders below ETH, and it is expected to continue to drop, below 4200, and even 4100 is possible, as it hasn't reached the optimal buying point yet.

However, large orders will change dynamically. Those with the right conditions can open a pro membership to monitor themselves; if the conditions do not allow, please pay attention to our research institute's live broadcasts, dynamic square, and news every week. We will share important information! Moreover, free memberships and 10% off memberships can be drawn every Monday, Wednesday, and Thursday, waiting for you to grab!

This article represents the author's personal views and does not reflect the position and views of this platform. This article is for informational sharing only and does not constitute any investment advice to anyone.