$ETH Many institutions may have realized it by now. They’ve already cut some positions while still at a loss, so the rise is slow. If they cut now, when it hits 800, they can still buy back a bit to reduce losses. If they don’t cut now, and it drops to 800, then the principal would be hard to recover.

ETH-0.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
JayAutumn
· 07-11 23:11
Then why don’t you cut your losses right away?
View OriginalReply0
  • Pinned