ETH liquidation map:
At present, the liquidation map strength of Ethereum, the liquidation strength of long orders is in the range of 3160-3180, and the super-strength range of 3100-3115. After the overall strength of the big cake, the phenomenon of chasing the rise has begun. This is a very dangerous behavior. After breaking through the range pressure above, go long. The current operation is still mainly low-long!
The liquidation strength of short orders is concentrated in the range of 3245-3265, which is basically close to the upper range pressure box. Most of them are people who go short after missing out, and those who continue to be bearish and short-term callbacks!
In any case, the narrative of the first half of the year is basically over. It depends on the approval of the next Ethereum spot ETF. However, the spot ETF in Hong Kong has been approved, so the United States is likely to pass it. The Americans just let the funds flow into Asia, especially China! And Hong Kong is also a part of China. How can it pass if the country does not let it go! The Americans understand this very well, so he has to pass the next spot ETF of Ethereum! This is also a long-term positive, and all we need to do now is buy on dips!
