It’s exploded! $ETH Violent surge bringing it to 1800, all short positions below 1700 are liquidated! Old Zhang teaches you what to do, minimizing losses is profit!

There's an old saying in the crypto world: Make friends with the trend, don't go against the market!

Brothers, ETH is directly pushing to $1811, and it's still firmly above 1800. Those who shorted below 1700, you know your floating losses well, some are probably trembling on the edge of liquidation.

Why did it rise so fiercely?
Basically, the main force is specifically killing the shorts! Look at the data, in the past 24 hours, short liquidations totaled 1.33 billion, while longs only liquidated 640 million. This is called "short squeeze," using your short orders as fuel to push the price up. Looking at the order book, buy orders are supporting, sell orders are sparse, they never intended to fall. If you stubbornly hold and wait for a pullback, you'll only get caught in a deeper trap.

What to do if you're caught? Old Zhang gives you two options:
1. For those with light positions and low leverage: wait for the price to retrace near 1780, reduce some positions in batches, and open a hedge order on the rebound to lock in losses. But remember, if volume breaks below 1746, you must cut decisively, don't hesitate.

2. For those with heavy positions and high leverage: don't wait! The 1850 level is the life and death line. Once volume breaks through, the short structure is completely over, liquidation will happen in seconds.

Everyone's entry point, position size, and leverage are different, so there's no one-size-fits-all operation. Blind trading will only lead to a worse death.
Follow Old Zhang for when to reduce, when to lock, and when to cut — it all depends on your screenshots.
Stop holding on blindly, if you wait until liquidation, come find me, even a god can't save you!
#我的Gate交易时刻 #预测世界杯阿根廷vs阿尔及利亚
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