In the past couple of days, the market sentiment for $ETH has indeed been slightly FOMO. Not only in the futures market, but even BMNR has become the most关注ed asset in the cryptocurrency circle!

However, upon closer inspection, the short liquidity in the ETH futures market has been completely cleared in the short term, leaving nothing at all...

Although the trend structure is intact, I can't shake the feeling that the market might need a break...

While the ultimate target can still be seen at 5~6000, it seems that in the short term, the market still needs to accumulate more fuel through volatile adjustments.