The feeling that $ETH is underestimated is growing. The profits from the long positions after hedging are also considerable. When the market reaches here, it will be found that the builders who heavily invested in $ETH should all be losing money. After all, Ethereum is not just Ethereum; there are various tokens like L1 and L2, and it’s hard to find anything that hasn’t dropped.

$BTC $ETH Multiple forces are engaged in the game around 'weekly K'
In the 4-hour cycle, starting from 10 PM yesterday on the 7th, there has been a push to liquidate long positions. Based on volume and capital monitoring data analysis, the target of the short-selling funds is to continue breaking through the 85000 position and eliminate the first batch of long orders.

Subsequently, at 11 PM, a rally was initiated, and from 11 PM to 4 AM, the highest price broke through 91700 USD, which also effectively repaired the weekly trend without forming a breakdown pattern. Instead, it stabilized in the weekly support area, which is a clear indication of the main force supporting the market.

Currently holding $BTC 82500 in spot positions, there are no conditions to go long above 90000 USD. $eth has opened a small long position (there will be margin space), hedging while feeling the fluctuations.
{future}(ETHUSDT)
{future}(BTCUSDT)