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If you study the history of ETH, you will find that before a bull market, various scamsters will use various memes to deceive people's Bitcoin and Ethereum, and then BTC and ETH will start the main uptrend. At that time, most consumers no longer hold Bitcoin and Ethereum, only a bunch of memes left. In my understanding, the big shots in the crypto world have never led us to make money. You品
Consumers watched BTC and ETH keep pumping, finally couldn't resist and cut off 100%, 200% of the meme, and bought Bitcoin and Ethereum again. Basically, it's the tail end of a bull market.
From a short to medium-term perspective, it is not suitable to chase rising prices. It is more appropriate to adopt a pullback increase the position strategy to add chips.
Of course, you can also make money when pumping meme, it depends on whether you can seize it!
Yesterday, when ETH surged to 3930, I notified everyone for the first time. If your long position needs to take profit, you can do so. You can check the publishing time of the article below. After the notification to take profit on longs, Ethereum dropped straight from 3930 to 3780 in 2 hours.
I also mentioned the strategy of shorting at 3912, which was publicly shared with everyone in advance. Currently, ETH is priced at 3800, and shorts are making a profit of 120 points‼️. Both longs and shorts have made 300,000 USDT in this round‼️