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$ETH The long positions stacked above are indeed many. If positive news occurs, it could easily trigger a chain of liquidations and forced liquidations due to pinning. Yesterday, I took a short position based on the resistance level of the candlestick chart. Today, considering on-chain data, I hope I won't really have to hit my break-even point...
Short-term trade setup: Yesterday, I followed the live broadcast and opened a short position above $ETH 2382—make sure to adjust the break-even stop-loss to 2380.
Additional long-term ideas ↓