The market is always playing mind games. Do you think that because Ether keeps rising, bearish traders are dead? That's too naive! Let me tell you, as long as the previous high isn't broken, those doing shorting will come out like suckers, one after another. Right now, those who are trapped at 3500 are still fantasizing about breakeven while looking at the breakthrough of 4000; those doing shorting above 4000 are stubbornly holding on, even though it looks like the previous high is about to be broken. This is human nature, brother! The on-chain data clearly shows that the Whales are holding short orders; your belief that "no one is shorting" is purely an illusion. The real show is yet to come – when Ether truly breaks the previous high of 4900, those stubborn short positions will completely collapse, crying and cutting losses, even taking the opposite position to go long. By then, it will be the market maker's time to net in! Remember, the market always completes its harvesting before the majority of people react. The strong rise you see now is just preparing for the next wave of harvesting.