【Analysis: Hedge Funds Suspected to Be the 'Main Force' Behind the Current Short Selling of Ethereum】According to Golden Finance reports, due to Ethereum's price failing to break through resistance levels as expected, a decline has occurred again. Analysis suggests that the current bearish pressure in the market seems to be primarily driven by large hedge funds, which have continued to short ETH in record numbers and attempt to drive down ETH prices to trigger stop losses. According to data from The Block's 'CME Ethereum Futures Net Position' dashboard, the number of Ethereum shorts has risen to unprecedented levels. For hedge funds alone, short positions in August nearly doubled: on August 5, the total amount of Ethereum shorts driven by hedge funds was $2.3 billion, but this figure has rapidly increased to $4.19 billion recently, indicating that hedge funds continue to anticipate a decline in Ethereum prices.