$ETH 2.016u: The Long boat is packed around 2k, and the bulls are facing a major red flag.

Derivatives data:

• Global L/S surged to 3.52 (nearly 78% Long), while Top Trader L/S is 1.82 (64.5% Long).

• OI remains massive at 4.71B USDT.

• Funding rate is 0.01%, and the F&G Index is deep in Fear (28).

Scenario: The dense cluster of Long liquidity below 2,000u is a juicy target for market makers to sweep with a wick. A quick shakeout down to 1,950–1,980u to flush leverage before a recovery is very likely. Absolutely don't FOMO into resistance; watch for a chance to buy the dip in the deep-discount zone.

Are you guys holding your longs, or waiting for a wick sweep before entering?

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