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The past few days have still been focused on the bullish outlook for BTC.
A couple of days ago, I opened a short position on BTC with a friend.
Then 1072 closed the BTC short position.
Today 1087 really wanted to short BTC, but ETH almost pulled up to 2800, so I really didn't dare to open a position. I can only wait for ETH to drop back, to free up some capital. I chased BTC at 1082, the position wasn't good, and I ran away after making a few hundred points.
I missed a short on sol, aave, and BTC.
Ethereum is really amazing.
Here's a reason I do not recommend investing in ETH:
BTC's market capitalization accounts for over 60% of the crypto market, and the remaining share ranks Ethereum not second in market capitalization. However, the trading volume is similar to BTC and may even exceed it.
When trading BTC, do you often find that going short doesn't move down and going long doesn't move up, because there are too many retail investors? Market makers might be able to see where most people are losing and making money.
Personally, I think Ethereum is really something that requires some technical skills to play with. (It doesn't matter for long-term investment.)
If retail investors don't have much experience, it is still recommended to play flatbread, although the handling fee is more expensive, but there is a rebate, in fact, it is not much expensive, and the flatbread is not easy to be damaged often. The experience will be much better.
The high above is still ahead, it's best to watch BTC above 109. A head cabin might be built near 1086.