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#ETH $ETH broke through 4000 last night, completing a short positions liquidity liquidation. The good news is that there are still shorts entering, and this weekend we can build 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?
$ETH