Ethereum Bull Market Extreme Situation: Is the Rise and Fall Dependent on Explosive Orders? What Will the Whales Do Next?
This round of the Ethereum bull market has been extreme—when it rises, it keeps rising, and when it falls, it keeps falling. Previously, there were explosive short orders, and recently, there have been explosive long orders. In the past few days, there has been a pullback, and quite a few short orders have piled up again.
In the short term, if it rises to $4,700, it could explode $3.1 billion in short orders; if it falls to $3,800, it could only explode over $1.7 billion in long orders.
According to the whales' playbook, the next move could continue to be extreme: either explode the short orders to push higher or explode the long orders to shake out. The key depends on market sentiment and capital movement.
In this extreme situation, retail investors will either follow the right rhythm to profit or get liquidated by explosive orders. Which path do you think the whales will choose?
