2025/7/9 Ethereum Short Strategy
Wait for ETH to rise to around 2750 to hold short, with the first target around 2600 and a stop-loss at 2800. The current rise is not the end; there is a high probability of another short-term rise before it accelerates downwards. Therefore, wait to hold short at a high position, or place a market order to hold a short position. Note: you must place a market order; otherwise, you may not get the shares. Sometimes the amplitude moves quickly, and with a limit order, you may not get the shares.
Note: Do not chase long positions now, as there are still long positions in BTC and SOL. These two long positions should have stop-losses set at breakeven. Assuming Bitcoin reaches around 112000, take profit, and if SOL reaches around 156, take profit as well. If the breakeven stop-loss has not been hit, do not exit the market; just wait patiently.
The current market trend is more inclined to a range-bound rise followed by an accelerated drop.
