Ethereum $ETH Leverage Short Positions Reach Historical High

High leverage short positions indicate that some traders believe the current price surge may be overheating, expecting a pullback in the short term. Some traders are shorting ETH due to technical resistance or profit-taking expectations, believing that the price may encounter resistance around $5200.

Institutional investors like BlackRock's ETF continue to accumulate ETH, indicating long-term bullish confidence, while retail investors show panic or excessive selling behavior in high-leverage trading. If ETH breaks through $4300, approximately $1.24 billion in short positions may be liquidated, and if ETH falls below $4100, approximately $3.257 billion in long positions may be liquidated.

For spot investors, holding ETH and waiting for long-term appreciation potential may be a prudent strategy $BTC

#加密市场回调 , and #ETH质押退出动态观察