Crypto retail trader 🔪 Daily fumbles Turned 1U into 33U, lost 8U from yesterday to today, remaining 25U Today afternoon 6U, 200x leverage at $ETH 2022 going long, rollover failed Opening position target take-profit at 2088. Rolled 4 times, then liquidation price 2050, High position 2076 didn't close, dropped to 2050 then hit breakeven loss position 2055 After US stock market opened, rebounded to 2094 Retail trader's clumsy hands, today's trading fees lost 6U, now remaining 19U. 😭

As perpetual contract funding rates have turned negative, Ethereum market sentiment has shifted bearish, indicating that short sellers need to pay fees to long holders to maintain their positions. This shift aligns with the net outflow of $210 million from US-listed Ethereum ETFs during March 5-10 and Ethereum's difficulty in holding the key support level of $2,000. Although the options market remains relatively neutral, put premiums are trading at elevated levels, suggesting the market is hedging against risks of further declines. Analysts point out that Ethereum needs to reclaim $2,120 to reverse the bearish outlook, as Ethereum is facing pressure from declining mainnet demand and more attractive stablecoin yield rates.

# Trading Bot #我正在 Gate Using ETH/USDT Spot Grid Bot, Total Return Rate Since Creation +3.30%