#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 a