Rally can cause large -scale liquidation

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Ether Lee is under pressure with volatile spikes, and the price has been slipped to less than $ 4,300. After a few weeks of strong momentum and many years, the bull has been struggling to defend the support area. This level of loss raises concerns about potential deeper corrections, but the basics are tightly optimistic.

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Adoption of institutions continues to provide strong tails, and major companies increase exposure to Etherrium through ETF, financial strategy and warm chain accumulation. This constant demand reflects the increase in trust in the long -term role of ETH in the digital asset ecosystem. At the same time, public interests have risen sharply, emphasizing the surge in speculation and utilization of the derivatives market. This can amplify the movement in both directions, but emphasizes the intense battle between the bull and the bear at the current level.

Market participants now consider that the future is important for Ether Lee’s short -term trajectory. Maintaining nearby support can open a way for rebounds and renewal attempts to challenge the resistance area of $ 4,500 to 4,800.

Ether Leeum records short position pressure

Ether Lee is entering one of the most decisive moments, but unprecedented short positioning has been released in the market. According to the top analyst TED Pillows, we are witnessing the short position of the largest leverage recorded in ETH. Pure leverage shorts have risen to 18,438 contracts, the biggest weakened betting in Etherrium history. The surge in positioning reflects the market inquisition for volatility by placing aggressive decline betting on Ether Lee’s $ 4,790’s $ 4,790.

The largest Ether Lee Rim short position is recorded so far | Source: Ted Pillow

But the pillow emphasizes that this epidemiology can cause a perfect storm for short pressure. If Ether Lee is managing the rally at the current level, this weak position can be solved quickly, which can cover the shorts at a higher price and accelerate the assembly. Historically, such an imbalance has led to an explosive upward movement for a short period of time, rewarding the bulls that protected bears and earned rapid profits.

Although short -term volatility is increasing, strong basics, including reduced exchange of exchange, institutional accumulation and extensive adoption trends, continue to support long -term strong papers. At this time, all the eyes remain about whether the record positioning is changed to the catalyst of the next brake out of Ethereum.

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ETH Technology Details: Demand level test

Ether Lee is currently $ 4,800, which is a sign of volatility at $ 4,800. The four -hour chart emphasizes how ETH is having difficulty in reclaiming momentum, and the price is currently tested for major support areas range from $ 4,200 to $ 4,250. This level is important because it matches the 100 -day moving average (green line).

Main demand level | Source: TradingView's ETHUSDT chart — Main demand level | Source: TradingView’s ETHUSDT chart

The price structure shows that the bull maintains an active state but is under pressure. After a few weeks of consistent profits, Ethereum is currently experiencing more sales volume, as shown in the recent Red Bars on the chart. However, as long as ETH extends to less than $ 3,920 after the 200 -day moving average (red line), the wider trend is still optimistic.