The horror of #以太坊行情技术解读 ETH long positions for 72 hours: from the peak to the abyss to the edge of the cliff

$ETH the recent leverage of a trader is the most dramatic case of the year. This player has placed long ETH orders around $2,840 since the 2nd, and it seems that he has accurately stepped on the starting point of the rebound.

On the 4th, the floating profit once rushed to a height of 2.84 million. Just when everyone thought they were going to start a continuous rise, an adjustment on the 6th directly rewrote the script - not only the early income was instantly cleared, but also the liquidation was triggered. The feeling of loss of control on a roller coaster can be imagined.

Fortunately, the early morning pull-up gave this position a second life. Now the floating profit has returned to the water level of 1.35 million, and shouted out the judgment that "the long-term bullish market has just started".

But there is a big risk behind this. Due to repeated rollovers, the liquidation price of the current long position has risen to $3,212 - and ETH is only 100 dollars away from this line. In other words, any wave of small pullbacks could break this layer of window paper.

While confidently shouting the prelude to the bull market, the liquidation line is close at hand, and the most test of this situation is actually risk management. Only 100 dollars away from liquidating the position, is this extreme operation trading wisdom or gambler mentality? Whether the current ETH price can stabilize this dividing line determines the next direction. What do you think of this wave of market?