We agreed to band together to pump the price, but I haven't even put in much position and it's already being doused. Bitcoin has been performing poorly, as bad as it can get, and the daily chart looks exceptionally ugly. I plan to passively reduce my position at this level, unloading a total of 20% of my holdings, and will observe the remaining part for a while. I intend to reduce my position according to both time and price levels, aiming to unload 50% by September.
ETH has been quite strong recently, but if it's being dragged down by Bitcoin, it's hard to see an independent upward trend. After all, there are nearly 700,000 ETH on the way to entering the market. If it can pull back to 3300-3400, let's see how strong the support is.
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