After ETH broke through 4000 last night, a short positions liquidity clearance was completed. The good news is that there are still shorts entering the market, and this weekend we can accumulate a new liquidation zone.



Therefore, a moderate pullback this weekend is very healthy, as it can attract short positions to take the high, and also wash out the short-term high-leveraged long positions. However, looking at the scale of new long positions liquidity, I can only sigh and say, there's not much interest in going long, are they all scared of heights?🤔

Does this mean that after ETH breaks 4000, it has also entered the fear of heights market after BTC breaks 100k?
ETH2.56%
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
  • 3
  • Repost
  • Share
Comment
0/400
SuXiaoningvip
· 08-09 09:10
1
Reply0
Zlatanvip
· 08-09 02:47
Just go for it💪
View OriginalReply0
JioCoinsvip
· 08-09 02:32
This is quite suspicious, can it really pass the SEC?
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)