Brothers, today’s market is very subtle, a sense of impending storm is coming.
If you are currently staring blankly at the candlestick chart of ETH, torn between buying the dip or cutting losses, take a moment. Here’s my advice: at this position where bears and bulls are severely torn, don’t blindly bet on the direction, and don’t easily place limit orders on the left side to catch falling knives.
Because just now, the entire network's quantitative monitoring and major order tracking systems almost simultaneously sounded the alarm: beneath the order book of Binance ETH/USDT perpetual contracts, a strange and dense large buy order suddenly emerged.
Over 43 million dollars are laid out in plain sight. Is the main force really trying to protect the market this time, or is it just another act? In the face of such a high-stakes fog, wise traders often won’t go head-to-head but have already started to activate PLAN B. 
1. 43.19 million dollars "defending" 1610, is it a solid bottom or bait?
According to the latest monitoring from PRO "Major Order Tracking", this fund lurking in Binance's order book amounts to 43.19 million dollars.
(The image shows AiCoin member data analysis)
The main force has firmly placed this huge sum within the extremely narrow range of $1624 ~ $1610.
What is most unusual is its "endurance" — these dense orders have been placed motionless in the order book for over 8 hours. In the cryptocurrency market, where fluctuations occur in seconds, this is indeed worth pondering.
At the moment of writing, the current price of ETH is less than 0.85% away from the edge of this major order zone. This is akin to an assassin having the knife tip pressed against the main force's forehead, with both parties just a step apart, the bell for close combat has already tolled. 
Retail investors, seeing this, typically react: “Wow, with over 43 million dollars in buy orders supporting, the main force is defending $1610, let’s rush in to go long and follow the big players to eat meat!”
But before you act, it’s advisable to control your impulse and keep a close eye.
2. Memory awakening: Do you remember the fear of being "carpet pulled" on June 3?
The most ironic thing in the crypto world is: history doesn’t repeat itself, but it always rhymes.
Old traders seeing today’s scene will be somewhat alert. Because just a few days ago — in the morning of June 3, a very similar drama unfolded in the market.
At that time, after a series of continuous declines, dense "large buy order support" suddenly appeared in the order book. Many bottom-fishing funds felt there was large capital supporting, excitedly going long.
And what happened?
When the price actually crashed into the order area, the "main capital" that had been placed there instantly vanished— the main force withdrew all orders in less than a second.
This is classic “carpet pulling”. The main force used fake orders to create the illusion of "strong support below," attracting retail investors to provide liquidity. Once the retail buyers filled the short-term buying pressure, the main force instantly pulled the orders, the price lost its false support, and it turned into a series of chain fluctuations.
Of course, we can't categorically say that the main force is definitely trying to lure in buyers this time. The market is changing, what if the main force actually wants to establish a bottom at $1610? But exactly because of this uncertainty, we shouldn't blindly gamble.
3. In-depth analysis: Multiple possibilities behind the main "orders"
Many brothers don’t understand why large orders in the order book are often illusory? It involves the psychological warfare and logical game of the order book.
In the trading market, real "trades" with actual funds represent attitude, while "orders" listed in the account are merely posturing.
This large order has been active for over 8 hours, with only two possibilities behind it:
1. Possibility A (if it is a false move to lure buyers): the main force purposely placed huge buy orders in plain sight to entice left-side bottom-fishing funds to enter. If bears hammer down too hard, the main force would quickly withdraw at the moment of collision, turning around to harvest the bulls.
2. Possibility B (if it is real capital genuinely supporting the price): the main force indeed has hedging needs within this range, intending to build a defense line at $1610-$1624. If this is the case, this order would be absorbed, forming a solid bottom.
Thus, blindly taking the large orders on the books as absolute support for buying the dip, or immediately determining a price drop upon seeing large orders, are extreme trading behaviors.
At this position (less than 0.85% away from the order area), it is a typical volcano eruption night; observing more and acting less is the highest level of discipline.
I suggest everyone immediately turn on the “Major Order Tracking Alert.” What we need to observe next is whether the main force will absorb the orders: if actual trades take place, it indicates the main force has not backed down, and we can cut in on the right side to go long; if it's a quick withdrawal of orders, the order book immediately turns empty, then we should abandon our long fantasies.
4. When the order book begins to stab each other, I prefer to look for "certain events"
To say something many old traders understand:
the hardest money to earn in the market has never been trend money, but money made when the gods clash and you force your way in.
Now, ETH at this position is a typical example. The bears are hammering down while no one knows if the main order of 43.19 million dollars is genuine or fake. The price is less than 1% from the order area, and a withdrawal of orders could happen any moment, or there could suddenly be real trades reversing the situation.
What is the biggest characteristic of this kind of market? It’s not that there are no opportunities, but the opportunities and risks have begun to become extremely asymmetrical.
You watch the order book all day, bearing the huge risk of wrong direction; however, even if you see it correctly, in this fluctuating area, the profit space you can acquire may not be as great as imagined. To put it simply, the profit-loss ratio and certainty of the order book are declining.
So my thoughts recently are actually quite simple: when mainstream coins enter this high-stakes foggy area, I habitually shift some of my attention to the “event-driven market.”
Because some markets are essentially not managed by a specific trader manipulating behind the scenes; instead, they are driven directly by global top-tier emotions and traffic.
Why have I been focusing on the World Cup lately? The reason is simple. For traders, the World Cup is as much a highly certain large event-driven market as the Federal Reserve's monetary policy meetings, ETF approvals, and Bitcoin halving cycles.
The difference lies in:
- its schedule is completely public, with no sudden black swan;
- its audience far exceeds that of the crypto world, providing an endless flow of fresh "emotional liquidity";
- its emotional fluctuations are inherently huge, with great discrepancies in expectations to capture;
- the data and results it generates are continuously updated every day and cannot be fabricated.
In other words, while ETH is still guessing whether the main force will withdraw orders, the World Cup market is discussing: which team can advance? Which team is being overvalued by the market? Which match has the best discrepancies in expectations?
Essentially, this is still about trading probabilities. Only our trading object has shifted from the ambiguous candlestick account to the clearly defined results of the game.
So my strategy is to "walk on two legs":
If ETH really falls to around 1610 tonight, I will watch the order book to see if the main force absorbs the orders. But before waiting for this major answer to appear, I do not intend to expend all my capital and energy here.
After all, the market will never lack opportunities. When one side is a market grappling with the possibility of the main force pulling up the carpet, and the other side is a World Cup event that has been ongoing for nearly 50 days, capturing the attention of hundreds of millions globally, I prefer to take a position on both sides, to hedge back the interest lost in mainstream coins.
For this reason, I recently began to focus on studying the “Football Trading Cup” recently launched by Binance Wallet— the PNL trading event.
This time, the official has directly put out a cash prize pool of 300,000 USDT. Since it's about PNL (profit and loss), for us traders who deal daily with candlesticks and value risk control and strategy, entering this prediction market driven purely by fans and emotions is just harvesting at a lower dimension with trading skills.
Moreover, directly operating in the native Web3 wallet of Binance also eliminates the risks of using shady platforms and provides a strong backing for fund safety.
Of course, the prerequisite for playing this kind of cross-market hedging is that you need a main account. Brothers who don’t have a Binance account can directly register through my exclusive link:
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% rebate)
Once everything is ready, let’s take a look at the specific participation path:
Binance App > Wallet > Homepage > Banner Ad > Register > Start Trading
📌 Trading Memo: Pay attention to key time nodes (Beijing time UTC+8)
🏆 Registration and Competition Period: June 9, 2026, 12:00 — July 27, 2026, 16:00
⚖️ Public Review Period: July 27, 2026, 16:00 — July 30, 2026, 16:00
🔍 Internal Review Period: July 30, 2026, 16:00 — August 4, 2026, 16:00
All participants will be exclusively ranked based on the actual profit and loss (PNL) generated in the "World Cup" category market during the competition period. The more impressive the profit and loss and the better the risk control, the higher the ranking on the leaderboard. After the competition ends, the top 500 qualified winners on the leaderboard will receive rewards based on their final rankings.
Conclusion
I have already written the script for this summer:
In my left hand, I hold AiCoin’s "Major Order Tracking Alert," firmly watching ETH's 43 million dollar order, to see if it is genuine or illusory;
In my right hand, I secure a position in Binance Wallet, sipping beer while watching the World Cup, and sharing in that 300,000 dollar event-driven bonus.
In trading, one cannot hang all hopes on a single tree. When the market direction is unclear and the profit-loss ratio is unfavorable, we take a little stool to sit back and watch; when the World Cup has certain flow bonuses, we decisively strike hard.
Brothers, let’s prepare on both fronts and wish everyone in this summer's game, to evade the knife that could lead to zero while catching the immense fortune of wealth!
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Risk Warning: This article only represents personal trading ideas and does not constitute any investment advice. Major orders in the market may change at any time, and on-chain predictions and trading carry high risks; please participate rationally based on your risk tolerance.
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