$ETH MM is doing the correct procedure to kill both sides in turn

The "dance" tonight:

• This is the area "keeping both sides hopeful" and killing both long/short positions in turn with high leverage, and at the same time:

- The longs at the top (2686–2728) have not been liquidated, still thinking it will bounce back.

- The shorts at the bottom (2550–2600) still believe the price will drop further.

However, Funding remains positive and has not changed 0.01% from yesterday until now - proving that there are many fomo longs at the top, so the liquidity area below (48h frame) is still more fertile → prioritizing killing longs first because they are currently "profiting" more.

💣 Scenario of killing longs first (priority):

• Sweep the liquidity cluster in the range of 2606–2585

• Can dip down to 2572, both to kill longs and "pull OI" → lure shorts in, fomo shorts thinking they are catching the top → trap them further.

🚀 After that, it’s the pump to trap shorts:

• When the shorts have entered, gradually pump up to 2720–2759, clean out the weak shorts → and also the moment MM begins to slowly offload at the distribution area and finally:

• The price returns to Max Pain on May 30 (ETH: 2100–2200) if the options expiry is genuinely prioritized.

• But it may not dump straight away but just return to the range of 2500–2550 to maintain the "illusion of accumulation" attracting more calls, retail fomo, and then dump back to 2100-2200.