In the past two days, everyone's attention must have been focused on the second-largest ETH. Xianxian has also been emphasizing that more attention should be paid to ETH and its ecosystem, as well as some L2 projects. On the 27th, ETH soared straight up, with an increase of up to 10%. However, at the 3700 position, it may be due to some locked-in positions after the previous ETF was passed, and it needs to be digested before it can continue to climb upward. However, some popular copycats in the ETH ecosystem have performed extremely well, such as ENS, Puffer, etc., with a single-day increase of more than 50%.

The 27th can be said to be a day for clearing shorts. There must be someone who saw that Dabing Hangqing had a slight correction, and he was eager to act as an air force. As a result, after touching the support level of 90K, the market immediately killed a carbine. The air force had no time to react, and could only watch the price pull up to 97 and be liquidated.

I have said before that when the correction was made, it is mainly low and long. No matter whether it is the first or the second, don't think that 100,000 is the top. I have always insisted that the bull market has not reached its peak and I try to short as little as possible.