Simply looking at the data:

If it drops to 3940, it can liquidate approximately 2.3 billion USD of long positions;

If it rises to 4880, it can liquidate about 3.3 billion USD of short positions.

From this perspective, the short positions are still heavy!

If you were the main force, how would you operate? If the price spikes up and down, all positions will be liquidated; it can't be too absolute 😂$ETH