$ETH The US stock market open triggered sharp ETH volatility, intensifying liquidations on both sides and heating up short-term trading!
After the US stock market opened tonight, macroeconomic news—including PPI data and weekly initial jobless claims—significantly amplified Ethereum's short-term volatility, with prices repeatedly swinging up and down.
On-chain fund flows show that liquidations of both long and short positions across the market reached $13.579 million in a short period, indicating a concentrated unwind of leveraged positions and intensifying battles between bulls and bears.
Looking at the liquidation structure, highly leveraged positions are clustered near the current price. If the market quickly reaches a key level, it could easily trigger a cascade of stop-losses and liquidations.
ETH rebounded after touching key support below. This may be due to short-term buying support and short covering, but it does not mean the trend has reversed.
Hao recommends focusing on shorting rallies in the short term, using resistance around 2420–2390 as a guide and building positions in batches.
$BTC $SOL
#沃什推动缩减前瞻指引和点阵图 #比特币现货ETF单日净流出2.61亿美元
After the US stock market opened tonight, macroeconomic news—including PPI data and weekly initial jobless claims—significantly amplified Ethereum's short-term volatility, with prices repeatedly swinging up and down.
On-chain fund flows show that liquidations of both long and short positions across the market reached $13.579 million in a short period, indicating a concentrated unwind of leveraged positions and intensifying battles between bulls and bears.
Looking at the liquidation structure, highly leveraged positions are clustered near the current price. If the market quickly reaches a key level, it could easily trigger a cascade of stop-losses and liquidations.
ETH rebounded after touching key support below. This may be due to short-term buying support and short covering, but it does not mean the trend has reversed.
Hao recommends focusing on shorting rallies in the short term, using resistance around 2420–2390 as a guide and building positions in batches.
$BTC $SOL
#沃什推动缩减前瞻指引和点阵图 #比特币现货ETF单日净流出2.61亿美元