$ETH market trend is like this once it starts — the bull market pattern is right here, just follow the trend, if you insist on shorting against the trend, then be prepared to get your face slapped.

Looking at a set of data makes it clear. The long-short ratio has reached 369%, which simply means that the number of traders and funds going long is nearly four times that of the shorts, and the market is overwhelmingly bullish. This is not small-scale trading; it’s a genuine shift in sentiment.

Where is the smart money? The overall profit of large long positions has exceeded 100 million USD, with 75% of these accounts making money. These are the market’s main players; their positions and directions directly determine the market trend.

And on the short side? It has completely collapsed. The average cost for large short positions is stuck at 3096, while the current price is 3138. They are all at a loss, and stop-loss liquidations could happen at any time. Once the shorts start covering, the influx of buying will push the price even higher.

From a technical perspective, the price has already broken through and stabilized above the short-term cost line of 3096, which is a key support level. On the order book, large buy orders are also continuously net buying — 6.58 million contracts bought against 3.98 million sold, showing that buying power is significantly stronger.

The trading strategy is clear: buy long at the current price of 3138, targeting the 3250-3300 range, with a stop-loss placed below 3096. This is a typical bullish dominance pattern; as long as you don’t go against the trend, there are opportunities to profit.