
时光预言机i|Aug 25, 2025 06:23
Last night, my short position got liquidated at the highest point... it was an extreme short squeeze. Both spot and contract markets saw big buy orders, making it hard to go short. Now looking at the market, it directly broke below the 4730 level—feeling pretty rough.
You can clearly feel that the market has become harder to trade. ETH's daily support is at 4630, and if it breaks, it'll form a double top on the daily chart, pulling back to 4370. Great, now 4 years later, retail traders are once again stuck at 4900.
Even if it goes up to 5000, it’ll need to squat deep before climbing higher. The market is completely a contract grinder.
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