This weekend, the brightest star is Ethereum. According to CoinGlass data, in the past 24 hours, Ethereum shorts have been liquidated, with shorts being liquidated for 21.8748 million USD. In the past hour alone, shorts worth 35.202 million USD were liquidated. Scary, right? Ethereum just surged to 3750, which was the trigger for the short liquidations. Now, there are continuous shorts coming in here. Liquidation data shows that if the price rises to 3800, the shorts will face 243 million USD in liquidation. On the other hand, if it drops to 3700, the longs will only face 21.24 million USD in liquidation. What do you think? Is there a higher probability of continuing to rise in the latter half of the night or a higher probability of dropping?

We have been bullish on Ethereum since Friday, at that time I suggested everyone to buy long at 3590. The hourly chart was expected to form a W pattern, and it ended up soaring straight up. The destination of 3750 has been reached. On Saturday, I indicated that it was still a good time to buy long at 3680. The weekend article also emphasized that 3680 is still a good entry point for long positions, and 3750 has perfectly locked in profits! For the next layout, is anyone getting on board? Let me know in the comments!!!#山寨季來了? $ETH