At this stage, shorting is more difficult than longing.

Because the rebound is 10-20% at random, and the decline is generally 5-10%.

To maintain the RR ratio above 1:2, shorting requires a profit distance of 20-40%. So shorting can only come to LTF.

The short of eth is mainly used to hedge the long position of spot.

I don’t think that the big and second cakes will not go down directly. Because there is a sell wall of the German government. The German government has 22,800 cakes left. It is estimated that it is shipped in this accumulation stage. Large investors generally use time-weighted orders to ship goods, and sell slowly to avoid selling at lower prices. As long as they don’t sell in a hurry, the remaining 20,000 cakes are easy to absorb.

Yes, the market is like this, I am still optimistic😅