According to ChainCatcher, a secondary trader named BitBit posted that this is the first time in several months he has gone long on ETH, and temporarily no longer maintains an overly bearish attitude towards ETH. He pointed out that Ethereum is about to undergo upgrades and staking-related changes next month, and is considering trying to layout related concept trends. However, he also warned to be cautious of trend reversal risks.
Viewpoint: I recently long on ETH for the first time and am no longer overly bearish on ETH
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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