Short Ethereum?

CN
1 year ago

Singing short on Ethereum?

I've been bullish on Bitcoin since mid-October!

The market is interconnected. If I'm bullish on Bitcoin, why would I be bearish on Ethereum?

In every bull market in history, how many times have you seen Bitcoin continue to rise while Ethereum continues to fall?

None, right?

At most, they take turns, one oscillates while the other rises; or one slightly oscillates and falls, while the other oscillates and rises; at most, they rise together…

So, use your brain!

I'm just singing short on the ETH/BTC exchange rate. What's the significance of singing short on the exchange rate?

In the same upward cycle, holding Bitcoin will allow you to gain more profit.

In the same downward cycle, holding Bitcoin will allow you to lose less money.

That's it!

At this stage, if ETH/BTC rebounds and rises, breaking through 0.06 and stabilizing, then my view is wrong!

So, I'm all in on Bitcoin, not holding any Ethereum. That's why I'm bearish on this wave of Ethereum.

But when did I sing short on ETH/USDT?

Don't just talk without thinking! 😒😒😒

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