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#ETHLongShortBattle
The ETH Bull-Bear Contest: Why I Am Currently Positioned Long
Given today’s topic on Gate Plaza, I wanted to share my perspective. The market is in a clear bull-bear standoff: whales are selling to hedge risk, and short positions totaling over $2 billion are stacked at $2,000. Yet accumulation addresses purchased 2.5 million ETH in February, demonstrating strong demand at lower prices.
I am currently holding a long position. My reasons include:
The price has recovered from around 1,850 USD to 1,950 USD in the last 24 hours, with upward momentum building.
A decisive break above $2,000 carries significant short-squeeze potential.
Ethereum’s fundamentals remain solid in the long term (staking growth, layer-2 advancements, RWA integrations, etc.).
Of course, risks exist—if the price falls below $1,800, bearish pressure could intensify. For this reason, my stop-loss is already in place.
Which side are you on? Are you positioned long or short, and what data or developments support your choice? I look forward to reading your views so we can build a clearer picture together.