#ETH多空对决

Right now, $ETH is like a spring stretched to its limit. Although on the surface it looks like the price is hovering around 1900 in a half-dead state, the underlying currents are about to break the dam.

Everyone is watching the 2000 level. Why? Because there are over 2 billion USD worth of short positions buried there.
Imagine if the bulls can push the price above 2050, these shorts will be triggered like a chain reaction. To close their positions, shorts must buy back, which pushes the price higher in a reverse wave, creating a violent rebound. Currently, the shorts are walking a tightrope; as soon as the bulls gather enough momentum, they could cause a bloodbath for these traders.

Large investors are quietly retreating, even Vitalik himself sold some $ETH in February, which has caused some market panic. But have you noticed? The hodlers are actually buying in against the trend, accumulating 2.5 million coins. The whales are leaving because they’re worried about the macro environment; they prefer stability. The hodlers are catching the dip because they believe the price around 1800 has already fallen too far. If you’re in it for the long term, this level is actually a bloodied but highly cost-effective position. The whales are leaving to avoid immediate risks, but that doesn’t mean they’re not optimistic about the future.

The current market has very low tolerance for error. Don’t expect to double your money with a single gamble; protecting your capital is the priority. If the price drops below 1600, it’s an abyss below. Don’t hold on stubbornly; cut your losses decisively. Keep the green mountains, and there will be firewood to burn. Don’t expect a quick surge to 3000; if it approaches 2100, reduce your positions first, and wait until it stabilizes before considering further moves.