The battle between ETH bulls and bears is heating up!
A comprehensive analysis of the major liquidation tactics by the main players, keep an eye on these key levels!!!
Last night's violent surge of ETH to 2649 was no coincidence — the main players precisely targeted large short positions above 2620, along with clearing the liquidity pool.
But at midnight, the trend changed dramatically, with the price plunging to the strong support area at 2480, which has formed a defensive stronghold multiple times.
During the weekend liquidity exhaustion period, if 2480 is breached, it could trigger a chain reaction of selling!
The latest liquidation map shows: after the sharp decline, bears are aggressively increasing their positions, and the current open short positions are twice that of the bulls!
This means:
1️⃣ If the 2480 support holds, it may lead to a wave of "short squeeze" to liquidate leveraged shorts.
2️⃣ A drop below 2423 will trigger algorithmic selling pressure, with 2180 becoming the ultimate target area for bears.
When the market is overly crowded with short positions, the main players often harvest in the opposite direction.
This morning, the SOL long positions that our team ambushed have already made several hundred USD.
Isn't this more appealing than anything else? The expenses are covered by the market!!!
With execution power, wanting to enjoy the big gains, wanting to successfully turn the tables.
Stay close to @king说趋势 !!! A major market movement is about to unfold.
Pay attention today: xrp nxpc sui
