The liquidity distribution in the $ETH futures market is currently quite healthy;

Today's pullback has liquidated all the newly added long liquidity above 4500, and the nearest long liquidation zone from the current price is far away around 4100~4150.

That’s why I believe this pullback seems healthy at the moment; only when the distance to the short liquidation zone is greater than that to the long liquidation zone should we start considering the possibility of a deeper pullback.

I have been doing fewer futures trades recently, more spot trades but at a lower frequency;

Oh, don’t get me started!

Now my waist doesn’t hurt, my legs aren’t sore, and even sleeping is wonderfully sweet~