ETH price fluctuations may trigger long and short liquidations on CEXs
According to ChainCatcher, Coinglass data shows that if ETH falls below $4,275, the cumulative long liquidation intensity of mainstream CEXs will reach $1.918 billion. If ETH breaks above $4,716, the cumulative short liquidation intensity of mainstream CEXs will reach $1.689 billion.
$ETH Retail investors always like to chase the rise and hang at the high point, but big investors are very happy, they have already made a lot of profit!
$ETH In normal trading, strong buying pushes prices higher. Now, prices are rising even as selling dominates, a total divergence. This is clear manipulation: big players are driving the price up to offload their holdings. Retail investors, do not take the other side of the trade.
$ETH The dealer desperately raised the price to sell, retail investors thought it was a low point and flocked to buy, but when it dropped back to $3000, they became honest!