Many people asks me !
Should We Long or Short $ETH on Bitcoin Pizza Day? Let’s Talk Strategy.
Bitcoin Pizza Day isn’t just a celebration—it’s a sentiment signal.
Historically, crypto markets tend to get a little... spicy around these milestone events.
So here’s the real question:
Is ETH ready for a breakout—or a fakeout?
A Case for Longing ETH:
ETH/BTC Ratio is Strengthening — Ethereum is slowly gaining ground, signaling confidence from altcoin bulls.
Layer 2 Activity is Surging — zkSync, Arbitrum, and Base are showing record usage, which could drive demand for ETH.
On-Chain Metrics Look Healthy — Staking is locking up supply, and ETH’s deflationary pressure is still active.
Bullish vibes, anyone?
A Case for Shorting ETH:
Market Sentiment Is Overheated — Greed index is climbing. When everyone's bullish, it might be time to hedge.
BTC Dominance Rising — On Bitcoin Pizza Day, the spotlight often shifts to BTC, sometimes at the expense of ETH.
Resistance Ahead — ETH is testing key zones; if it rejects, short-term traders may take profits fast.
My take?
This isn’t just about charts—it’s about timing and emotion. Pizza Day brings FOMO, nostalgia, and headlines. If you’re trading ETH today, stay sharp, set your stops, and don’t trade hungry.
What’s your move—long or short? Or are you just stacking slices and chilling?
Drop your trade ideas below and let’s cook up some strategy!
