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$ETH Sister Nan just took a quick glance at the data, and this liquidation volume is kind of interesting.
Ethereum is currently squeezed between two walls: breaking above $2,426 will wipe out $1.421B in short positions; dropping below $2,218 will wipe out $996M in long positions.
To put it bluntly, above is a pile of dead shorts, and below is a whole bunch of long-position cannon fodder.
How does Sister Nan feel like $2,218 is more likely to be hit first??
The $1.421B short liquidation looks scary, but do you think the market maker will obediently push it up just to let the longs get out of their positions? Think again, right? ??
Right now, Ethereum’s upward momentum is clearly weakening—there’s heavy resistance overhead. Sister Nan’s personal call: $2,218 will be hit before $2,426.
Not convinced? Then just wait and see. The odds of Sister Nan getting it wrong are even lower than you winning the lottery, hee-hee 🤪
Next, Sister Nan will keep finding entry spots to lead fans in shorting—so for the babes holding shorts, just hold. For those still going long, good luck—I hope your margin is thick enough 🤭
#BTC回调 #Gate广场五月交易分享 $SOL