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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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📅 Ends at 4:00 AM July 22 (UTC)
Eugene: Most long orders have been closed, and the ETH pump to $3800 within two weeks has reached the expected target.
Odaily News Trader Eugene stated that he has basically closed the long order position on ETH established at 2500 USD, and the current price level of 3800 USD is the best performance that can be expected in the past two weeks. He stated that the current market has quickly shifted from "under-positioning" to "overcrowded", with institutional buying significantly increasing in recent days, and the ETH/BTC exchange rate has also reached its mid-cycle target of 0.03. He mentioned that he is not good at chasing prices during breakout phases, so he chose to take profits and exit, anticipating a possible liquidation pullback in the short term, which would provide an opportunity for the next entry. Eugene emphasized that this is a personal opinion and does not constitute investment advice.