Let’s talk about the long and short game of ETH.
During this period, shorts are clearly losing more than they gain. After the price broke through 4k, the buying power at the 4k level is quite strong — you can check the scattered buying situation of retail investors; it's hard for shorts to break through.
The current strategy is very clear: either wait for the adjustment to complete before going long, or wait for a breakout at a key level and then go long; this makes it easier to profit. Suddenly going short now, fantasizing about an ETH crash, what’s the point? Going long is the direction for long-term profit, and it’s common for the price to rise several hundred points directly; conversely, how much downside can there be?
It’s better to look at historical highs before considering going short: shorting from 3900 to 3300, just to make a little profit and then it rises back to 3900, luring you to short again, only for it to spike to 4400; now it seems to be waiting for a drop to 3900 to sell, but in reality, there are traps hidden.
Both going long and going short need knowledge support; after all, wanting to get rich through trading isn’t easy.
Currently in an upward trend, the seasonal volatility is large; at such times, only holding spot can allow for a good night’s sleep. I sincerely recommend that, like me, use only 1%-3% of the account funds to play futures, while holding the remaining positions in spot; this way, you can be more at ease. By the end of the season, doubling or tripling the account is already quite good.
Moreover, many people actually do not understand the operational principles of exchanges. Short-term trading may win, but most retail investors will ultimately lose. (For specific details, it is recommended to refer to the image content)
What’s the difference between trading without knowledge and gambling?