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Well, at this point, the altcoins can be liquidated. Yesterday, it was said that altcoins like Ethereum could lead the way, and to buy back on dips. Today’s sharp rise was unexpected, but within reason. I’m still holding spot positions because they don’t incur funding fees. The rapid increase resulted in an average gain of 11% for the altcoins, which is enough for me, so I’m exiting now.
The only regret is that my long position on Ethereum didn’t trigger; the order was directly filled with a short. Luckily, I entered the altcoin position.
Meanwhile, Ethereum has returned to a higher level around the 3300 mark, so I’ve closed one more long position.