ETH 24-hour goes on a roller coaster ride: 8% surge followed by rapid rebound, whale+clearing game is the culprit

AiCoin market shows that ETH has exited the textbook level "short squeeze and then sell back" trend within 24 hours: -At 21:16, it broke through 1800 USDT, with 24H+7.9% - the main driving force was the liquidation of short positions, with 24H short positions selling as high as $1.33 billion, far exceeding long orders by 640 million -21:52 Plot twist: A whale borrowed over $80 million worth of ETH from Aave and directly smashed the market, triggering a chain of liquidation backlash -The current ETH has fallen to $1776, and within 1 hour, the short position has been cleared again at $25.88 million, entering a long short double kill in the market Technical aspect: ETH above 1800 is a strong resistance level since May, repeatedly rising without success. There is no new positive news on the news side (the US Iran agreement effect has been digested, and the net outflow of ETFs is 55 million), it is purely a leverage game. In the short term, 1750 is the key support, and if it falls below, it will return to the 1720-1700 range; If you stand firm, you are expected to make a second impact of 1800. All data comes from AiCoin's real-time market trends and on chain news. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.