Don't talk to me about reversals! Ethereum (ETH) is now an utterly helpless mess, these longs are just throwing money away. I’ll make the call outright: this coin will definitely drop in the short term! No negotiations!

Look at these data, it's simply outrageous!
In the 24-hour liquidation data, short positions were blown up by a full $85.8k, and what about longs? Only a pitiful $472! Do you call this a rebound? Isn't it just a slight price movement upward, forcing a bunch of shorts to be squeezed out, but the longs themselves don’t dare chase the high at all? This is pure paper tiger, one poke and it breaks!
And look at the liquidation map, it’s even more hilarious! The price is now firmly stuck at 2317.9, just below the 2320 threshold. Look at what’s piled up below 2320? All high-leverage longs with 50x, 100x leverage! These longs have already been beaten to a pulp, now if they get a little sunlight, they want to run. Do you expect them to push the price up? Dream on! When they run, it’s all sell-offs, with a bunch of timed bombs waiting to be sold off to break free!
These people are still dreaming of a rise, they’re completely brainless. The current market sentiment has long shattered the confidence of the longs; a slight push up and a bunch of people want to escape. There’s selling pressure above, the coin can’t go up at all, it’s just a pure short-term harvest machine! Run quickly, or when this liquidation wave hits, you’ll be losing your pants! $ETH