29 Sept 2025
The crypto market recently underwent a monumental cascading liquidation, with Ethereum dropping significantly, marking one of the worst trading experiences for many. This event is widely perceived as a deliberate manipulation orchestrated by major players, potentially influenced by geopolitical factors, aimed at transferring coins before the next major bull run.
Ethereum experienced a monumental cascading liquidation event, dropping significantly to $2100, which many considered one of the worst trading experiences due to its disregard for established support levels.
The speaker disclosed closing all leveraged futures trades on Bybit when Ethereum was around $2700, resulting in a reduction of a $1 million account to $900,000, but explicitly retained all non-leveraged spot holdings in Bitcoin, Ethereum, and Solana.
Despite the severity of the crash, the market exhibits potential for a reversal and a V-shaped recovery, evidenced by exceptionally high liquidation volumes, although Bitcoin dominance spiked to 65% and the S&P 500 showed a significant downside gap.
The substantial market downturn is characterized as one of the biggest manipulations ever observed, likely orchestrated by large institutional players to facilitate a transfer of crypto assets into new hands before the anticipated bull run.
Donald Trump's recent announcements regarding tariffs and trade deals are speculated to have created short-term economic friction, potentially prompting him to initiate quantitative easing and rate cuts, with a possibility of positive crypto-related announcements like staking in Ethereum ETFs.
The current bull run is considered far from over, and the recommended strategy for investors is to hold non-leveraged spot positions, as selling spot holdings during such dips would likely lead to repurchasing at higher prices.
This has been one of the biggest manipulations ever seen by the market, designed to change the hands of the coins before the real bull actually happens.
| Aspect | Detail | Insight |
|---|---|---|
| Market Event Description | Ethereum's price crashed to $2100 in a monumental cascading liquidation event. | This event was one of the worst trading experiences for many, disregarding typical support levels. |
| Personal Trading Impact | The speaker closed all leveraged futures trades on Bybit at approximately $2700 ETH. | A $1 million account was reduced to $900,000, but non-leveraged spot holdings were fully retained. |
| Core Cause Analysis | The event is characterized as one of the biggest market manipulations ever seen. | Its purpose was to change the ownership of coins before the anticipated real bull run. |
| Geopolitical Influence | Donald Trump's recent announcements (tariffs, etc.) are implicated in causing short-term market disruption. | These actions might serve as a pretext for future quantitative easing and market pumping. |
| Future Market Outlook | The overall crypto bull run is not considered over, with potential for a V-shaped recovery. | Massive liquidation volumes could indicate a market bottom and precede a reversal. |
| Recommended Investor Action | Investors should hold onto their non-leveraged spot positions. | Selling spot during such dips will likely lead to buying back at higher prices later. |
