The Yitai ETF will be officially launched in the secondary market next week. The altcoins are generally rising. I am here to pour a bucket of cold water.
I have always been optimistic about Yitai and have always recommended hedging with spot + selling out-of-the-money call options.
But I also remind you of the two small hurdles of 3450 and 3750, and the big pressure line of 4200, which is not easy to rush.
The key problem is that there are too many ETH pledge and re-pledge projects.
These projects are issuing coins again, sucking blood from Yitai, making Yitai not as good as Dabing alone to pull the market.
Yitai is an ecosystem, a system, and a three-level set of sets with internal circulation far better than Dabing. Be careful of re-pledge depegging and stablecoin explosion, these are gray rhinos.
In short, don't get too excited, and remember to hedge risks.
Even if it rises, it will be a slow bull, and it will not break through 4000 in one step.
Get rich slowly. $ETH #对冲交易 #冰火岛
