Yesterday this trade lost, then opened a revenge trade which also lost, took a break, not opening trades anymore, liquidated some spot for profit, then observing, waiting for a pullback to go long, Ethereum has really surprised us this time, I just checked the gas on the Ethereum chain and it is indeed much lower than before the upgrade, hoping Ethereum gets better, comparatively, this price is still far from 4000 points, waiting for the opportunity to go long on the pullback, cannot short anymore. #ETH

From the results of last night, there’s no need to say more, interest rates will not be lowered, and the Ethereum upgrade cannot solve the brutal outcome of its declining market share. I still have the same strategy: short Ethereum at high points and look for support to long Bitcoin and BNB at low points. Yesterday, Ethereum didn’t reach $1870, so I opened a base position near $1838 and have held it until now. I see a take profit near $1750, with a risk-reward ratio of about 1 to 1.95, which is quite suitable.