The rise of ETH last night was entirely aimed at eating up the liquidity of short selling above. The highest price for clearing large short orders of 2620 reached 2649, along with the liquidation of liquidity above It only started to retrace to around 2480 in the middle of the night, which is basically in line with the range of 2620-2480 that I mentioned. The position of 2480 has already received strong support several times in a row. If the liquidity is scarce on weekends, it may cause a large sell-off if it falls below this level Short selling users on the ETH clearing chart add back all their short positions in the middle of the night, and the clearing funds are more than twice as much as long positions. The current trading position is looking at the support level below 2480, and if the support level below 2423 breaks, it will go to 2180 There is a lot of room for short selling. The problem is that there are too many short sellers, and the decline may not be so smooth. It is estimated that after clearing out the short selling users, the decline will occur