$ETH

Today several people mentioned the exchange rate issues regarding BTC and ETH. It seems that a portion of people have chosen this trading pair!

Since the drop on the 30th, Ethereum has struggled to keep up with BTC's rebound. This indicates that BTC's ETF is for investment, while Ethereum's ETF is for cutting losses!

A friend asked me if I can be optimistic about ETH's exchange rate?

My answer, as I mentioned last night, I'm waiting for it to reach around 2100. If it doesn't come, I won't enter the market. If it rebounds to 2700-2800, I will short it! At worst, I will take a loss at 288, which is better than not seeing a bottom when looking down!

Once again, I remind you that the current market is fluctuating and not coming from a bottom. There's no need to overthink it. Since I'm trading short, once it reaches the target, I should just exit!