ETH quickly cleared the market shorts when it broke 2720, reaching a high of 2788, liquidating all the previous shorts above. Longs closed positions, and shorts were liquidated, resulting in a large amount of selling pressure above. Unsettled contracts dropped from the high by 0.1m.
I shorted and took a wave of short-term retracement. Within 2 hours, the ETH contract market cleared both longs and shorts. If this position falls back to the 2720 range, I believe the market is completely misleading.
After all, $BTC has not yet risen, and without the leading support, no matter how the second-tier runs, it will all be in vain.
