don't buy

Trader Eugene Cuts ETH Exposure, Prioritizes Capital Preservation

I've closed most of my ETH long positions and switched to capital preservation mode. I reduced exposure because I don't see a clear risk/reward edge in the current market.

I'm waiting for clearer support or a confirmed breakout before redeploying capital — see the full note on MetaEra.

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Analysis

Closing most long positions reflects a defensive stance amid weakened conviction or heightened near-term risk for Ethereum; it suggests potential short-term downside or choppy trading that makes re-en...

Recommendation

Avoid initiating fresh ETH longs for now. Trim exposure or use tight stops and wait for a clear technical support or confirmed breakout before increasing position size.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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