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2026-05-16 22:12:30

$ETH Shorts closing into strength (last summer) VS $ETH Shorts aggressively building before strength (now) And those are two very different market conditions. This $ETHUSDSHORTS chart attached is basically showing: Summer 2025: $ETH shorts were elevated Then shorts started

ETH0.52%

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jimmychen

· 10h ago

Yesterday, most of the trades basically ended up profitable. Today, looking at the BTC-ETH daily and 4-hour charts, the current uptrend is clearly slowing down. The bears can open positions and keep holding. On the 15-minute chart, price will still move with a fast bullish rebound, followed by another pullback/retreat to retest (and then drop back to) the levels. This one-sided trend can lure longs and then drive the price lower.

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