There are really too many people shorting Ethereum right now!
In the short term, if ETH suddenly rises to $4860, it could directly blow up the $4 billion worth of short positions;
But if it falls to $3900, it would only wipe out over $900 million worth of long positions. This indicates that the current market sentiment is overwhelmingly bearish, but it's precisely during such times that big movements are more likely to happen!
Personally, I feel that both sides of the market are completely unbalanced, with short positions clearly overpowering long positions. But extremes tend to reverse; when everyone is crowded on one side, the market often moves in the opposite direction.
Either the shorts will get wiped out completely, or the longs will be thoroughly crushed, but regardless of the outcome, there will definitely be significant movements ahead!
When to enter, when to exit? How to catch strong coins? How much to set for take profit? Aunt Thirteen will inform fans immediately on Luxury Skirt, as long as you follow my thinking and execute what I say, you will definitely profit! #资金涌入推动SOL上涨 #ETH走势分析