Ethereum
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My ETH Short Idea 22/2/2025

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ETH recently had a major hack incident. I don’t think this will be good for ETH and also I noticed BTC has been slowly declining to the downside. Economy has been shaken recently shifting towards YEN so smart money is probably pulling out of crypto and going towards yen, bonds, and gold.
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I took profits a little earlier but now I don't know what ETH will do. The whole entire market is at a tipping point. We are waiting for NVIDIA earnings and we are waiting for Trump's Knox Gold Check up and we are also waiting and worried about Tariffs, inflations, and rate cuts.

Everything is extremely risky if you ask me except for the Yen pairs. Specifically the CHFJPY pair.
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I noticed when you hit the play button it moves only a little bit into the stop loss area but checkout the 4 hours or daily and the trade actually went into profit. I am no long in this trade and don't wanna continue trading it until we have a very clear trend.

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