📊 Update on Long/Short $ETH

On Hyperliquid: The top PNL traders are currently leaning heavily towards short.

On X (Twitter): Many major KOLs like Andrew Kang are also quite bearish, predicting that ETH could drop to the range of $3,200 – $3,500.

In the Vietnamese community: Some well-known signal groups have started to issue call orders.

Currently, the market is extremely tense ⚡️:

If ETH pumps to $4,500, nearly $5B will be liquidated.

Conversely, if $ETH dumps to $3,800, the liquidation figure could reach up to $7B.

Perhaps, as always, the house will scoop up both ends

#ETH