11.14 Ethereum's collapse is imminent
We believe that it will fall below 1500 within 60 days. During this period, what we need to do is to flexibly operate position management. This "top" is bound to be achieved. As for why we are so sure, please see the first article pinned to this account.
The high position of Ethereum and Bitcoin has become more and more outrageous, so it is highly likely that Ethereum will completely become a "real copycat" because there are too many long positions. Just like when the Ethereum ETF was launched, we told everyone "our view is that it will definitely crash", because people are selling Bitcoin and holding Bitcoin, then Ethereum is destined to become a harvester, but this time our view is that Ethereum "will definitely crash"
Crash and crash are two concepts. Crash is a long-term or short-term deep correction, and crash is a day of no recovery. The idea is that after falling below 1500, it is basically impossible to reach 2000 again, but in any case, do not hold a heavy position, just control the position, the leverage is recommended to be 5-10 times, and it is recommended to split the position 5/1. If the defensive position is touched, leave the market directly and do not carry the order.