#空头爆仓推动以太坊反弹
👉 挤压式反弹，群里聊结构
For Ethereum, this long bullish candle is a result of short sellers being squeezed 🔄
Price was pushed from just over 2400 to 2665, and in 24 hours, $216 million worth of short positions were liquidated.
First, look at the squeeze path. Ahead of the CPI release, the shorts added positions around 2500. In the minutes after the data came out, there was no liquidity, and stop-loss orders were hit one after another as price surged upward. After the price spiked, sell orders stepped back in and absorbed the momentum.
The tricky part is the positioning. On the rebound day, open contracts rose 9%, and longs added fresh positions at the old levels. This kind of structure isn’t stable—once price pulls back, the stop-loss direction effectively flips.
For crypto, the rally caused by a short squeeze doesn’t last. We need to see whether spot demand can keep up. On the ETF side, net inflows totaled $216 million on the first day, which effectively caught the first baton. Over the next two days, watch whether open interest can come down. As positions get reduced, price can hold more steadily. On-chain, the number of transfer transactions over the same period is also rising.
Do you think this rebound can hold above 2600, or will the sell orders drive it back down? Let’s discuss in the comments.
👉 挤压式反弹，群里聊结构
For Ethereum, this long bullish candle is a result of short sellers being squeezed 🔄
Price was pushed from just over 2400 to 2665, and in 24 hours, $216 million worth of short positions were liquidated.
First, look at the squeeze path. Ahead of the CPI release, the shorts added positions around 2500. In the minutes after the data came out, there was no liquidity, and stop-loss orders were hit one after another as price surged upward. After the price spiked, sell orders stepped back in and absorbed the momentum.
The tricky part is the positioning. On the rebound day, open contracts rose 9%, and longs added fresh positions at the old levels. This kind of structure isn’t stable—once price pulls back, the stop-loss direction effectively flips.
For crypto, the rally caused by a short squeeze doesn’t last. We need to see whether spot demand can keep up. On the ETF side, net inflows totaled $216 million on the first day, which effectively caught the first baton. Over the next two days, watch whether open interest can come down. As positions get reduced, price can hold more steadily. On-chain, the number of transfer transactions over the same period is also rising.
Do you think this rebound can hold above 2600, or will the sell orders drive it back down? Let’s discuss in the comments.
