This is why calls don’t mean anything. I was bullish on ETH thinking it would break out sooner, and was shaken out twice before re-longing again on a morning call at just over 2500. Could have done better.
HORSE 🏴‍☠️
HORSE 🏴‍☠️4.6.2025
I would bet on ETH performing better into end of year than Bitcoin. Very unlikely that the market has worked out the reflexive and previously rewarded behavior of shorting any ETH strength, and it is still more likely that short ETH long Sol is still more structurally pronounced across the market. So there is a vacuum positioning wise.
Oh I forgot we shorted ETH in the @TradingStable at 39 and bought back at 34, so adding that we actually are doing well.
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