$ETH Comparing the trading volume of Ethereum spot and Bitcoin spot in the past 48 hours, we can see that the main force is trying to lower the absorption of chips. After cleaning out those high-leverage contract users in the morning, they have been suppressing the price. Looking at the trading volume and price range of those few hours, we can see the fierce side of the main force. This is unwilling to give those high-leverage users a chance to get on board. Tomorrow, when the Hong Kong Ethereum ETF goes online, it is estimated that the contract users will be treated like dogs!
It is not recommended to go long, let alone short! It is best to take spot. It will definitely rise, but the risk factor of contract users is very high. If you have to do it, it is recommended to triple it.