don't buy

Trader Eugene Exits Most ETH Longs, Signals Near‑Term Risk

I've closed most of my ETH long positions and switched into capital-preservation mode. I want to limit exposure until price action and risk metrics improve.

I no longer feel comfortable carrying large directional risk in Ethereum given current market signals, so I'm conserving capital and waiting for clearer setups.

I will monitor on-chain and technical confirmations for a disciplined re-entry instead of averaging into weakness now.

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Analysis

Closing most longs suggests increased perceived downside risk or deteriorating momentum in ETH; the move reduces exposure and preserves capital while waiting for clearer technical or on-chain confirma...

Recommendation

Avoid initiating new ETH long positions for now; trim exposure or use strict stops if currently invested, and wait for confirmed support or bullish signals before adding risk.

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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