#ETH Why we choose to short Ethereum here, Ethereum is quite 👎🏻 in this wave. On May 7th, the Ethereum upgrade, the positive impact has been realized for a while, and the positive rate for Ethereum will probably last a long time, it’s a race to see who runs faster. The profit effect of the Ethereum upgrade is weak to the extreme. At 2 AM on Thursday, the Federal Reserve's interest rate meeting is likely to remain unchanged, and the expectation of a rate cut in June has decreased. If there is still a market, it will be speculation on rate cuts, but currently, the possibility seems low. The current trend is stronger than Bitcoin, but when it falls, it could drop dramatically. There are rumors that this upgrade might be cut again; the truth of this has not been confirmed yet, but it's better to be cautious.
