ETH is undervalued? My full position logic and view of the contract

To be honest, if you do long-term spot, there is really no difference between a few hundred dollars and a few hundred dollars at the current price of ETH. I think it’s seriously underestimated now.

From the perspective of the general environment, interest rate cuts are expected there, and the policy side is becoming more and more friendly. At the industry level, stablecoins have been growing steadily, and the matter of traditional financial on-chain is not just talk. The fundamentals of ETH are no longer at all the same level as before. That’s why I took a heavy position in WLFI and USD1.

Now that the position is full, the next step is to wait for time to give an answer. I don’t plan to do swing operations anymore in the short term - it’s boring to toss back and forth.

Finally, a reminder: the spot itself fluctuates big enough, so don’t touch the contract. On the one hand, most people’s skills and mentality are not up to par, and on the other hand, contracts are a game of ten people and nine losses, which is particularly energy-consuming. With this time, it is better to think about how to expand resources outside the circle.