$ETH 500 million short positions being roasted over the fire, who exactly does the main force want to make cry?
This is a blatant hunt! Currently, the market is hesitating around 2290, but behind the scenes, those big players doing short positions are already trapped tightly. Between 2380 and 2475, nearly 5 billion USD worth of short positions have been liquidated! These shorts are now like being tied to a gunpowder barrel; as long as the main force casually pushes up 3%-5%, it will trigger a chain reaction of massive liquidations. Short liquidation is like forced buying, and this passive buying will act like rocket fuel, directly pushing ETH above 2500. The main force is not dropping now, clearly targeting the lives of these traders. I definitely won't be fighting the main force at this point; here's how I plan to play: Block both ends, avoid the middle section. I've already placed a short order at 2475 waiting for it. If it dares to blow up all those high-leverage shorts in one go, then 2475 is like a weak arrow’s “needle tip,” I’ll catch it there, and the rebound will be the sweetest. If I’m wrong and it rises past 2550, I’ll cut losses immediately, never stubbornly hold. If it first shakes downwards, I’ll scoop up a bargain at 2250. That’s the critical point for bulls to liquidate, taking a short-term long position, aiming to take profit at 2380. If it breaks below 2160, I’ll also withdraw, safety first. Everyone, be sure not to open 50x or 100x leverage positions. You think you're gambling, but actually you're feeding oil to the main force. Play around with about 10x leverage, don’t let the money slip away and end up losing your temper. Right now, do nothing or make a big move. Do you think the first to explode upward are the bears, or the bears will first kill the bulls below? #Gate广场五月交易分享
$ETH 500 million short positions being roasted over the fire, who exactly does the main force want to make cry?
This is a blatant hunt!
Currently, the market is hesitating around 2290, but behind the scenes, those big players doing short positions are already trapped tightly. Between 2380 and 2475, nearly 5 billion USD worth of short positions have been liquidated!
These shorts are now like being tied to a gunpowder barrel; as long as the main force casually pushes up 3%-5%, it will trigger a chain reaction of massive liquidations. Short liquidation is like forced buying, and this passive buying will act like rocket fuel, directly pushing ETH above 2500. The main force is not dropping now, clearly targeting the lives of these traders.
I definitely won't be fighting the main force at this point; here's how I plan to play:
Block both ends, avoid the middle section.
I've already placed a short order at 2475 waiting for it. If it dares to blow up all those high-leverage shorts in one go, then 2475 is like a weak arrow’s “needle tip,” I’ll catch it there, and the rebound will be the sweetest. If I’m wrong and it rises past 2550, I’ll cut losses immediately, never stubbornly hold.
If it first shakes downwards, I’ll scoop up a bargain at 2250. That’s the critical point for bulls to liquidate, taking a short-term long position, aiming to take profit at 2380. If it breaks below 2160, I’ll also withdraw, safety first.
Everyone, be sure not to open 50x or 100x leverage positions. You think you're gambling, but actually you're feeding oil to the main force. Play around with about 10x leverage, don’t let the money slip away and end up losing your temper.
Right now, do nothing or make a big move. Do you think the first to explode upward are the bears, or the bears will first kill the bulls below? #Gate广场五月交易分享