The shakeout in this wave of the market is quite intense. From observation, I estimate that about 70-80% of the longs have been wiped out. How many people are still holding on at this point, and how many have already cut losses and admitted defeat—it's hard to tell. If ETH can rebound in the next move, those short positions that were forced down might have a chance to recover. But the question is, when will such a rebound come? Market sentiment has been worn down almost completely.
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DegenWhisperer
· 10h ago
More than 70% of the bulls are gone, this is outrageous... Should we wait for a rebound or wait for a breakdown?
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IronHeadMiner
· 01-10 17:49
The shakeout is indeed fierce. My mindset really needs to break down after this drop, but I think the bottom is right here.
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PumpDetector
· 01-08 19:33
ngl this washout is textbook smart money accumulation phase... watched the same pattern before 2017. retail getting flushed out while whales quietly stack. eth needs to find its footing soon or we're looking at deeper capitulation 🔍
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AirdropHunter007
· 01-08 08:51
The way they shake out the market is really intense, it feels like retail investors are almost wiped out...
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StableGeniusDegen
· 01-08 08:49
80% of the bulls have been wiped out, truly impressive. Those still holding on now are probably already mentally broken; a rebound is a distant hope.
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MevHunter
· 01-08 08:45
Damn, this wave really has people exhausted, and the rebound is nowhere in sight.
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OnChainArchaeologist
· 01-08 08:37
Such intense shakeouts make me start to wonder if I should just give up...
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Layer3Dreamer
· 01-08 08:23
theoretically speaking, if we map this brutal washout onto a recursive state verification model... the liquidation cascade you're describing? that's basically what happens when cross-rollup liquidity fragmentation hits critical mass. 80% of longs purged is honestly just the market's way of rebalancing the interoperability vector before the next settlement cycle kicks in.
The shakeout in this wave of the market is quite intense. From observation, I estimate that about 70-80% of the longs have been wiped out. How many people are still holding on at this point, and how many have already cut losses and admitted defeat—it's hard to tell. If ETH can rebound in the next move, those short positions that were forced down might have a chance to recover. But the question is, when will such a rebound come? Market sentiment has been worn down almost completely.