The reason this position shorting $ETH is a test of information data judgment. At that time, all external information was discussing that $ETH would surge. Institutions scrambled to grab it, various Ethereum strategies, KOLs shouted it would reach 5000 or even 10000. Almost all information sources conveyed one signal: the value of Ethereum is seriously deviating from its price. But the first step for a trader is to distinguish which signals are misleading and which are genuine from the overwhelming information. This surge of Ethereum is different from previous price increases caused by decentralized applications like DeFi, NFT, and meme that occurred on-chain. This time, the rise of $ETH is almost unrelated to Ethereum or even blockchain applications. It was entirely realized due to the direction of U.S. policies and the enthusiasm of numerous institutions, unrelated to Ethereum's fundamental technological upgrades and applications. So, the question arises: Has there been a disruptive change in the global economic situation? Can Trump, with the power of one administration, overturn the global economic system? Does the enthusiasm of institutions really change the fundamentals of Ethereum?
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