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Is now the right time to buy again?
$ETH $SOL
Based on the current Ethereum trend, it has already surged without volume and broken through the 2290 resistance. Each rebound's high point is getting lower and lower. Brother Jiang has recently monitored continuous outflows of ETF funds, with strong selling pressure above. Every rebound is an invitation for long positions to enter. As long as it falls below 2260, then 2250 may not hold either. It might completely wipe out most of the short positions at once. Currently, dropping to 2250 could trigger the liquidation of 143 million in short orders, while rising to 2314 would only liquidate about 1E in long positions. The big players are clearly weighing the pros and cons of this move.
So Brother Jiang chooses to lead fans into short positions while shorting Ethereum and SOL. Now, the goal is to let the bullets fly a little longer!!!