Matrixport: Ethereum buying pressure weakens, demand for risk control increases

According to BlockBeats news on September 22, Matrixport released a market view stating, "In the past period, the risk-return of Ethereum long positions has been superior. However, as the market enters a rapid pump phase, technical indicators often become ineffective. Especially when the weekly KDJ reaches extreme highs and shows a reversal, whether investors are cautious or not often determines whether profits can be locked in. In the past few months, the Ethereum treasury company has been a major buyer, and as its net assets shrink, its ability to add funds may be restricted. In this context, strict Risk Management appears to be more prudent."

ETH-6.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)