In the past, I have made many long calls on ETH.
The chart below the original post is from 2 days ago.
Many people ask when ETH will peak, so please read this post again.
Due to the high volatility of ETH prices, it's best to wait for an increase, backtest long positions.
Just play that way; when ETH reaches resistance with significant outflow, I will call a short.
I want to reiterate that I am not bullish.
I follow the money flow.
It's as simple as that; whether it goes up or down doesn't matter to me.
Winning the game and making money is what matters.
Long positions are enjoyable; just hold on tightly.
Short positions, I don't know when they'll recover.
Since July 25th,
every day I write the words DO NOT SHORT,
but the next day, some people still ask me when the short will recover.
I feel sad reading it but can't provide an answer
because I also don't know if it has reached a SHORT-TERM PEAK or not.
Thanks!
