$ETH briefly dipped below 2600, then bounced back.
A trader’s 9.85 million long position was wiped out in 3 minutes.
Gone just like that—leverage really bites.
The market action confirms it:
Down 1.6% in 1 hour,
and the volume spike was even more dramatic—7.6x in 1 hour.
This isn’t a wick; real money is selling off.
OI barely moved, so the shorts haven’t been squeezed yet.
I’m going short with the trend, with a stop at 2632.1. If it breaks, I’ll admit I’m wrong and exit.
First target below: 2587.8.
Let’s see: will 2587.8 hold or give way?
#行情分析 #ETH
Personal market notes only; this is not investment advice. Manage your position size carefully.
A trader’s 9.85 million long position was wiped out in 3 minutes.
Gone just like that—leverage really bites.
The market action confirms it:
Down 1.6% in 1 hour,
and the volume spike was even more dramatic—7.6x in 1 hour.
This isn’t a wick; real money is selling off.
OI barely moved, so the shorts haven’t been squeezed yet.
I’m going short with the trend, with a stop at 2632.1. If it breaks, I’ll admit I’m wrong and exit.
First target below: 2587.8.
Let’s see: will 2587.8 hold or give way?
#行情分析 #ETH
Personal market notes only; this is not investment advice. Manage your position size carefully.
