In the past few days, the most explosive market trend in the crypto world has been Ethereum suddenly surging from a slump, almost breaking through $2500!
But why Ethereum?
Why has this surge seen a new batch of altcoins?
The answer might make the bears cry in the bathroom—there were too many short positions!
Bears became "fuel," with $770 million evaporating overnight.
Ethereum had previously shown weak performance, and with no activity after the upgrade,
a large number of shorts piled up around $2000, and this surge directly triggered a chain reaction of liquidations.
Bears became the best "fuel" for the bull market!
Today, I also had fans set up some aggressive long positions, but this kid didn't listen.
He directly got liquidated.
Fortunately, the market didn't disappoint me and moved in the opposite direction of my expectations.
Let this kid take a big hit!!!
