Should You Long or Short ETH?
While a definitive answer is impossible, the current market conditions suggest a cautiously bullish outlook for ETH on Binance. The upcoming Merge, increased on-chain activity, and continued DeFi/NFT adoption are positive catalysts. However, traders should be mindful of the short-term risks and exercise proper risk management strategies.
Here's a hint:
Long ETH: If you believe the price of ETH will rise in the near future, you can consider a long position on Binance. This could involve buying ETH directly or using leverage through margin trading (be aware of the risks involved).
Short ETH: If you believe the price of ETH will fall, you can consider a short position on Binance Futures. However, shorting is a more complex strategy and carries significant risks.