#ETH持续飙升 Ethereum De-leveraging Reminder: Both Long and Short Sides Suffer Mercilessly
3700 is a relatively important node; if Bitcoin undergoes a deep correction, it may delay Ethereum's upward pace.
Here, I personally prefer Ethereum's upward style to be a sudden pull, similar to how it shot up the rankings in just a day or two back then.
You heard me right; I'm talking about Ethereum shooting up the rankings, even reaching seventh or eighth place, including rapid upward movements like lightning afterwards, occasionally shocking the bulls but more often causing the bears to explode immediately.
Therefore, no matter how Ethereum and various altcoins move, they cannot bypass the big idiot Bitcoin. Additionally, the current ETH/BTC ratio is in a relatively low state and is gradually rising.
We must not underestimate Ethereum’s benchmark exchange rate; if it rises successfully, it could be significant. Don't be surprised if it hits five thousand or even eighteen thousand directly.
In summary, until the trend becomes clear, shorting is merely a temporary strategy to buy time. Only after a true trend is established can we go all out to short or long.