ETH liquidity is extremely poor. The main culprit today is Europe and the US. Almost every day now, they pump BTC and dump ETH. Over the past three months, most longs have been completely wiped out. A few months ago, Liang Xi already said that ETH at 4000 was basically all a bubble, and now it's been proven. Currently, exchanges and institutions have been buying up ETH inventory in large quantities, so from now on, the market will move according to their whims. Sigh, the capitalized crypto world is beyond saving. With China cracking down hard and issuing announcements about domestic institutio