$ETH is currently looking to move the stop loss of the short position down to lock in profits. There has been a short-term spike, which presents a chance for a rebound, but this time we are facing a one-hour death cross. Therefore, it is not about exiting the short position to open a long one, but rather locking in profits from the short position and holding on. As long as there is no significant rebound, we will continue to enjoy substantial profits!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.