Too lazy to complain. Clearly bad news can still be countered. From over 3000 to now 1900. Regardless of good or bad, just keep milking it 😅 Those trapped retail investors love this kind of thing. It can give them spiritual solace. For those who really want to make money, just ignore the obvious intentions. With 10 billion in short positions, it's not so easy to blow up their positions except for those Wall Street dogs and some institutions. They conspire together.

What's going on? 10 billion in short positions! Folks, these people are trying to short Ethereum to death! But do you know? Once ETH rebounds, these could all be fuel!
Bitcoin and Ethereum have both broken through! Is it a bait for more buyers? Or is it the start of a new trend in the crypto market?
The dollar has plummeted, what impact will this have on the cryptocurrency market? Let's follow Shuqin and find out!
First, as we discussed at the beginning, the market's shorts have gone insane. Currently, the CME's short positions on Ethereum have reached 11,000 contracts, with each contract representing 50 Ethereum. So they have shorted a total of 550,000 ETH, worth 1 billion dollars, equivalent to nearly 10 billion RMB or 33 billion TWD, which is just outrageous.