Short sellers got proven wrong again
$ETH This rebound has really hurt the shorts.
In the past hour, about 97% of liquidations came from short positions, totaling roughly $27.42 million.
Over the past 24 hours, liquidations across the market totaled about $400 million, with Ethereum accounting for $88.37 million.
What does this mean?
It’s not that the bulls suddenly got much stronger; rather, shorts were squeezed en masse, pushing prices up by force.
Don’t rush to chase longs, and don’t stubbornly try to call the top.
In the short term, watch whether $BTC can hold above $83,000 and whether ETH can stay above $2,400.
If they hold, shorts will keep feeling the pain. If not, the rebound could still get knocked back down 点击进入聊天室
Are you holding longs or shorts right now? Drop your direction in the comments—I’ll see which side is still holding on @墩姐暴力带单 #中国三季度经济增速加快至4.5%
$ETH This rebound has really hurt the shorts.
In the past hour, about 97% of liquidations came from short positions, totaling roughly $27.42 million.
Over the past 24 hours, liquidations across the market totaled about $400 million, with Ethereum accounting for $88.37 million.
What does this mean?
It’s not that the bulls suddenly got much stronger; rather, shorts were squeezed en masse, pushing prices up by force.
Don’t rush to chase longs, and don’t stubbornly try to call the top.
In the short term, watch whether $BTC can hold above $83,000 and whether ETH can stay above $2,400.
If they hold, shorts will keep feeling the pain. If not, the rebound could still get knocked back down 点击进入聊天室
Are you holding longs or shorts right now? Drop your direction in the comments—I’ll see which side is still holding on @墩姐暴力带单 #中国三季度经济增速加快至4.5%