The liquidity analysis of Ether futures can finally be done!

During the weekend, a large and continuous increase in short liquidity appeared at high levels. The current price is still in an orderly upward fluctuation and is gradually being liquidated!

In the short term, the liquidation zone has extended to around 4040, so it is best not to aggressively short before this highly speculative short liquidity is cleared.

Blindly guessing that on Monday there may be a final small-level acceleration to rise above 4000, but after breaking 4000, due to lack of fuel, the market will still choose to oscillate.

A clear conclusion is that the spot trend market seems to have paused. Although it is still continuously breaking new highs, it has already turned into a futures-dominated liquidation market.

Therefore, the short-term long position should not be adjusted anymore. When it approaches 4040, it is more appropriate to take some profits. #Gate Launchpad IKA上线# #以太坊重返3800# #美欧达成关税协议# #BTC# #ETH#