After Ethereum breaks through the 4600 USD mark, can we short it?? Many people are torn about whether to short, and I want to clarify: don't short! Don't short! Don't short!
Firstly, not shorting in a bull market is a more prudent choice. The current market is showing an overall upward trend, and the opportunities for going long far outweigh the risks of going short; operating against the trend carries extremely high risks.
Secondly, looking at the Ethereum ETF data, the influx of funds is obvious — 1 billion flowed in the day before yesterday, and 500 million flowed in today. This pace of capital entering the market is undoubtedly building momentum to challenge the 5000 USD mark.
Additionally, recent CPI data shows positive signals; with multiple favorable factors combined, Ethereum's upward momentum is strong, showing a “soaring” trend. It has already broken 4600 USD without even reaching a correction (this might be a typo, presumed to be “pullback”), and if further favorable policies like interest rate cuts are implemented, reaching 5000 USD is not a difficult task.
From a long-term perspective, Ethereum reaching 10,000 USD is not a myth. The current market environment is completely different from the previous bottom period: when Ethereum fell to the bottom in the past, it was mainly retail investors participating, lacking stable support; now, major well-known institutions are entering the market, injecting strong stability, and significantly reducing the possibility of a crash.
Therefore, in the current bull market scenario, being bearish does not mean one should short; a more reasonable strategy is: wait for a pullback opportunity and decisively enter long positions. #以太坊创历史新高倒计时
