The open interest in ETH has suddenly increased recently,

and after breaking through 2720, the price quickly surged,

but strangely, other altcoins haven't followed suit at all,

indicating that capital is being concentrated for speculation.

Those who shorted at the highs have all been forcibly liquidated.

However, be cautious; until the daily close stabilizes above 2720,

the market may experience a false breakout, which is a trap for traders.

In terms of trading strategy, look for those ETH sector coins that haven't risen yet,

to catch some gains, but don't blindly chase high prices.

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