BTC ETH We have conducted a statistical analysis of real clearing data on HyperLiquid, which is the most fascinating aspect of DEX compared to CEX; Because the real settlement data in CEX is confidential, but in DEX it is all transparent, it depends on whether you have the technical means to obtain it; Big cake: According to the liquidation data on HyperLiquid, the short-term short position of Insider Brother in the Big Cake is too large, which has distorted the data a bit. However, if Insider Brother's position is ignored, the concentrated liquidation position of Big Cake's whale long positions is around 70000; ether: Insider Brother has not opened a position in Ethereum, so Ethereum's data is relatively more reasonable. It can be seen that there are two centralized clearing positions for Ethereum's whale bulls: 1720 and 1500; There are two liquidation positions for whale bears: 2000 and 2800; Summary: According to the real liquidation data from HyperLiquid, I am more inclined to see an extreme bullish trend, which means the market will fall below 70000 and Ethereum will reach around 1500; The current position is indeed difficult to do, and it is not difficult to make short-term judgments. However, it is more difficult to make spatial judgments at a higher level. The safest operation is to wait for another wave of bullish liquidation. At that time, whether it is buying at the bottom or trading in the market, it will be very comfortable;