Shorting ETH? Bold move, ser.
Sure, macro looks ugly, and the charts might be giving you that 'back to 3 figs' energy... but let's be real for a second.
1. ETH has a deflationary supply post-Merge. Less ETH circulating = harder to bet against.
2. Staking is locking up a massive chunk of supply, and withdrawals aren't exactly flooding the market.
3. The ecosystem isn't going anywhere. DeFi, L2s, NFTs, it all still runs through ETH.
Shorting here feels like running into a burning building hoping to find a fire extinguisher. It might work, but if it doesn't...
Make sure you've got the collateral to back that conviction.
someone tell me why shorting
$ETH is a bad idea?
this is easily going back to 3 figs