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#ETH Northern Expedition southward? The 2100-point defense battle should have a clear direction tonight. Patience is always the best choice.
When I got home in the evening and looked at the market, Ethereum has been fluctuating around 2100. What is the market waiting for?
Waiting for the results of the US-Iran talks?
Waiting for the performance of the US stock market on Wosh's first day in office?
In the morning, when I posted on the square, I had already entered a short position on Ethereum, and internally I also posted a long position on Ethereum. This kind of market, both bulls and bears, don't let go of any opportunity.
Tonight, I still favor going short because the risk-to-reward ratio for short positions is higher than for long positions at low levels. If I’m wrong about the direction, I’ll admit it and let the market run its course, then fight again tomorrow.
Are you a bull or a bear today?