Ethereum Reversal Warning: Bulls vs Bears in a Life-or-Death Showdown, Which Way Will Vitalik Choose?



Over the past week, ETH short positions have basically blown out completely. The data is ruthless: rallied to 2600, only liquidated 600 million in shorts; dropped to 2090, liquidated 3.4 billion in longs.

The futures market structure is extremely unbalanced, a major reversal is imminent. Downside liquidation has far better cost-effectiveness than upside.

Vitalik and the foundation will most likely take a stable plate-control route: release neutral positive catalysts, cooperate with institutions for wash trading, first liquidate high-leverage longs, then execute a trending move.
$BTC $SOL #比特币突破7.5万美元
BTC0.58%
SOL0.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments