$ETH continue shorting 💥💥
Caught the last wave before the dip at 2387 opening, and with US stocks gapping up to 2400 at 9:30, it still hasn't broken through. As mentioned earlier, there are close to 300 million long positions waiting to be liquidated around 2330, just below the Ethereum liquidation map. This level will definitely get cleaned out soon; the bottom positions are already cashing out at the highs.
The selling pressure above is also strong enough, and right now, the probability of a sustained rally is pretty low.
#Aave is asking the US court to lift the $73 million ETH freeze order.