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Yesterday I originally planned to take a break, but then a warning said it had already reached 2720. I thought that late at night it had already pumped, so I checked the latest news and didn't see any favourable information. I figured it couldn't keep pumping like this, and I wanted to take a pullback order before going long... Who knew ETH would completely go off-script, pumping without any basis... Currently, I'm temporarily down about 30% to 35% of my principal, but it's still within my tolerance... I've already locked up my position. The current market situation is a bit confusing, but the funding rate is terrifyingly negative, so you can imagine how many short orders are trapped above. This market manipulator really has no integrity; the shorts are suffering a lot and still have to pay them negative funding fees... This is outrageous... However, by Friday night at the latest, it should come down, but it's hard to say right now if it can break 2800. It's likely that it will...
First, think about the Lock-up Position...