Matrixport: Ethereum buying pressure weakens, demand for risk control increases

On September 22, Matrixport released a market outlook stating that "in the past period, the risk-reward of Ethereum long positions has been more favorable. However, as the market enters a rapid pump phase, technical indicators often become ineffective. Especially when the weekly KDJ touches extreme highs and reverses, whether investors are cautious often determines if profits can be locked in. Over the past few months, the Ethereum treasury company has been a major buyer, but with the net assets shrinking, its ability to add funds may be restricted. Against this backdrop, strict Risk Management appears to be more prudent."