$ETH ETH’s surge this time looks strong, but based on the order book, it seems more like the main players are pushing the price up to attract momentum-chasing long capital. After consecutive lifts at high levels, the trading volume has not clearly expanded, showing signs of funds exiting as they go up.

Main players often first create a strong breakout to lure retail traders in, then use the liquidity at higher levels to distribute gradually. Once buy-side demand can’t keep up, and sell pressure releases from above, a quick pullback is likely.

For the short term, watch how the price holds under pressure at these high levels. If it can’t continue to break out with increased volume, be cautious about a pullback; chasing long positions may get trapped. Right now, it’s more inclined to wait for an opportunity to short after the price spikes upward, and wait for the pullback to relieve risk. #夏日创作营 #GUSD年化升至3.8% #BTC突破66000美元