Zhu Su: The panic sentiment in the exchange incident may push short orders to help ETH reach a new high
ChainCatcher news, Zhu Su posted on social media saying that a large number of traders opened short positions in the panic of being stolen at the exchange. Now, ETH finally has the opportunity to set a new historical high (short squeeze/liquidation).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of America predicts: the strong rally of the S&P 500 Index will fade in 2026
Data: If ETH falls below $2,978, the cumulative long liquidation intensity on major CEXs will reach $1.44 billions.
Stable and Theo will jointly invest over 100 million USD in ULTRA
SEC Chairman: The "Crypto Market Structure Bill" is About to Pass