Ethereum (ETH) Trade Review: Short or Long? 🚀📉
$ETH Ethereum (ETH) is currently trading at $1,931.31, showing a 0.05105% increase today. But what’s the best move—short or long?
📉 Short Trade Opportunities:
Ethereum has seen a record-high short position of $11.3 billion. With ETH dipping below $2,500, short traders have made substantial profits. 📉
Short liquidations have been outpacing long liquidations by 40%, making short trades a profitable play in this volatile market.
🚀 Long Trade Insights:
Despite volatility, Ethereum could trigger a relief rally. If ETH breaks out of its wedge pattern, it may recover and push higher. 📈
Investors should be prepared for market fluctuations and potential rebounds.
$ETH 💡 Your Strategy?
Short: If you believe ETH will continue its downward trend.
Long: If you’re looking for a potential breakout and a chance to capitalize on a recovery.
Hold: If you’re in for the long-term and willing to wait through the volatility.
$ETH Let us know your thoughts and strategy below! 👇
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