Ethereum Graveyard! $1 Trillion Contract Bets on Shorting, Yet It Became Rocket Fuel!
The total open contracts for ETH across the network have skyrocketed to the trillion level, isn't this just the classic prelude to a short squeeze? Even more disgusting is that the Ethereum Foundation accurately sold high again, and the 3000 ETH that just hit the wallet this morning might still cause a little dump to trap shorts.
Altcoin contracts have also reached historical highs, and the market is brewing a massacre of longs and shorts.
When everyone thinks it's going to drop, it is often the best time for the main force to explode orders!
If you feel a bit confused or need more guidance, feel free to reach out to me anytime, I will provide you with detailed analysis!
