$ETH unexpectedly surged to 4600 overnight, this wave of short sellers is completely stunned

Taking Binance as an example, large short positions on Ethereum were crazily liquidated early this morning, with the largest single amount being 6.62 million USD

Still the same saying: "Go with the market trend," if everyone is thinking about shorting, then it might not be over yet. The time when the market is constantly in FOMO and worried about missing the chance to get in could be the peak.