Up and down with the needles, the Ethereum short position at 2990-3000 has already stopped out, and the defense at 3030 has been triggered. The lowest retracement was around 2930, which is profitable in the short term, but the short position is definitely not just about these few points of profit. After it rises, losses will occur, and then we will look for positions to participate again!

According to Coinglass data, if Bitcoin breaks through 120,000 USD, the cumulative liquidation intensity of short positions on major CEXs will reach 736 million. Conversely, if Bitcoin falls below 116,000 USD, the cumulative liquidation intensity of long positions on major CEXs will reach 268 million. #CPI数据来袭