#ETH多空对决

【ETH Bull-Bear Showdown】$2,000 is not only a key level but also the "Normandy" for the bulls

Whales are retreating, hoarders are bottom-fishing, and below $2,000, the battlefield is filled with the corpses of leveraged positions and hopes for the future.

February’s crypto market is bitterly cold. While Bitcoin is still struggling at the $68,000 level, Ethereum has already fallen below the psychological barrier of $2,000. At this moment, ETH is like a giant standing at a crossroads: on one side, CryptoQuant data shows a reduction in whale sell orders and signals of large holders gradually exiting; on the other side, there is a steadfast belief as hoard addresses are buying up 2.5 million ETH against the trend. The over $200 million in shorts accumulated at the $2,000 level is like the Damocles sword hanging over the bulls’ heads, and also like a fuel depot igniting a rebound. The bull-bear showdown is heating up—whose side are you on?