Everyone's shorting ETH below 1987 after it hit that level three times in 24 hours, but that's the trap—the obvious trade is always the one that liquidates the most leverage, and right now the real pain trade is a sudden 8% rip that catches all the shorts naked. The consensus says 'it's going lower' which means the market's already priced in the bears; what it hasn't priced in is them being catastrophically wrong.
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