I'd have thought more shorts would've covered, but there's still way too many open. The Eth whales are in total control.
Opened a small one from 225 and close it at 215 after I saw BTC falling, glad I got out in time. I think shorting above $15 is safe if you leverage it well and are willing to hold but the loan rates have gone up obviously so that sucks.
I would probably be tempted to start shorting at 260-270. It also depends what BTC does. I now have no doubts that this is clear and HUGEEEE (imitates Trump) manipulation.
I would not touch ETH now, lucky are those who bought at the lower price, ETH back up on it's best price and that is good for the holders who does not dump when crisis happens.
This is great for ETH and maybe I will wait until another fall back will happen and try my luck for the very first time.