#以太坊行情解读 $3855 level, is it really that critical? Some big players are shorting ETH with 15x leverage, and the liquidation price is teetering right around this line. Speaking of which, such extreme operations have always existed—either making a killing or getting liquidated outright, with little room for buffer in between. In this market, many traders are watching the whales' movements to see how they position themselves. From on-chain data, the movement of large positions indeed reveals some clues. To survive longer in this market, rather than blindly following the trend, it's better to pay attention to the performance of major support and resistance levels. Understanding true risk management is the foundation for turning the tide.