For the first half of the month before $ETH , the dog stock cleared the long positions, and now it’s the turn of the short positions, still the same old trick of dual killing longs and shorts.

After half a month of turmoil, the chips have basically returned to the same starting line.

Now the key points:

Break below 4000: 1.2 billion long positions will face liquidation.

Break above 4300: 2.5 billion short positions will face liquidation.

Both sides are powder kegs, but there is more flesh above.

How will the dog stock move? It depends on whom it wants to feed first.