You can definitely feel that $ETH investors are starting to FOMO, which reminds me of an interesting thing: Justin Sun selling ETH. It was around $3,200 at that time, and many friends told me that seeing him sell ETH made them think it was the peak for ETH.

But in reality, just two weeks later, it rose by another $1,000. Although trading cryptocurrencies often feels like a gamble, you still need to take responsibility for your own money. Blindly following others will only cause you to miss opportunities. The reason someone sells might be based on their own rationale and judgment, but that rationale and judgment may not be suitable for you.

The ETH that Justin sold might only be 10% of his holdings, and he could be using the funds to buy U.S. stocks, while you might have sold 100% of yours and are still holding a short position.

This article is sponsored by #Bitget ｜ @Bitget_zh

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