I just looked at the AI sector
Most of the potential tokens are performing poorly
The leading AI token has no bullish momentum
$TAO has been declining for the past three days
Are altcoins a warning signal?
I also shared content this morning about the short-term decline
So, is the altcoin season here?
I believe the altcoin season is still not here
There hasn't been significant rotation in the entire altcoin sector
So I want to emphasize again that $ETH will continue to explore downwards in the short term
When the market declines, I set my opportunity to continue going long at the $4080 position
On the other hand, there's the interest rate cut issue
It seems that interest rate cuts are currently the confirmed direction
So I believe being bullish is still the overall trend
On the other hand, there's the overall market reaction
But looking at it now
The sentiment for buying ETH is still relatively strong
So there are many positives that I won't elaborate on here
Let me talk about my own strategy
It's still the perpetual contract with ETH as the base currency
I have set a long position with a 3% allocation at $4080
For continued downward movement, I use a 1 1 5 averaging strategy
Currently, I will not open a short position for the long term