Strategies for Dealing with Large ETH Positions in the Current Market

What should you do if you are stuck with a large position in Ethereum? Ether-based currencies are not performing well. Is this bull market still worth holding?

More than 60% of your positions are locked in ether, and the trending coins you see may have already started to move. If you jump at this time, you may hit the retracement, allowing you to successfully reach the top of the mountain. Secondly, if your short-term level is not high and the ratio of ETH entry position to BTC is close to 0.05, then it is better to be patient and move less to win. Let’s take a look at how to make your $ETH position less embarrassing

There are generally three ways to deal with $ETH: release LP, go for the local dog, and earn points.

Unless you are really big enough, LP returns are not high. The earth dog season does not happen on the "noble chain" and can only try your luck on the Base. Then there is only one way left: earn points.

The problem is, other people's service time as a black slave can be as short as half a year or as long as a bull or bear. You can't compare with your length of service. With the bull market right in front of us and the project is about to start issuing coins for cash, how can we hold on to what we can do in the interim? If you want to win, you must dare to work hard and go fast! If someone else's stake is doubled, you will get ten times your stake. What should I do if it’s not enough? @airpuff_io Get leverage!

How does Airpuff work?

Of course it is lending (mutual aid). Take @ether_fi as an example. If you want to earn points, you have to deposit eETH. Airpuff allows you to choose a leverage ratio, such as 5x or 10x, deposit 1 eth and borrow 9 eth. Then it will automatically convert it to eETH for you, allowing you to quickly complete the class transition from black slave to line leader. And all you have to do is pay interest

So, what's the cost?

Of course, it is a liquidation. If you choose 10 times leverage and the fluctuation is 10%, you will be liquidated. However, eETH is equivalent to the stable currency of ETH. It rises together and falls together. Your real risk is whether the two will appear directly. More than 10% decoupling. Thinking about it this way, do you feel that the risks are much more controllable?

What should you do if you really don’t understand? Just be a LP (creditor) honestly

According to the current situation, your income is:

- 50% interest

- Draw 10% of eigenlayer or other Restaking mutual aid points from the borrower

- Airpuff points rewards (yes, rewards recharge)

What is the use of the rewarded token $APUFF? It is equivalent to a points treasury. Points generated through Airpuff will be deducted 5% (let others provide the ratio of the plate). By staking and staking, currency holders vote the output of $APUFF to specific points project strategies as incentives like veCRV.

Yes, this is equivalent to rolling up in the points slave market. Projects that require TVL have to roll up $Apuff to find traffic before they are launched online. Let the black slaves gain a certain say in the PUA game. As for whether its secondary currency performance is good or not, it depends on who is the MM. But if you are stuck with a lot of ETH, go to Airpuff as a living horse doctor, just in case you can save it. Are you alive?

Recently, eth and related l2 have not performed very well. Many people have no confidence in arb, op, strk and even eth. They asked me if they can change positions. Let me tell you my experience.

In the last bull market, even though eth was very large, it still outperformed most of its competitors on the public chain, and even severely rubbed the most popular EOS, while uni also dominated all defi projects and never looked back. It lasted for 5 months. Obviously, this bull market has not yet felt the same thrill as the last time.

Since October 2023, when it was confirmed that the bull market has arrived, eth’s growth cannot beat Bitcoin, which has a larger market value than its own, and it is far from outperforming the new Solana. In this bull market, BTC has ETF bonuses and inscription assistance, and it is full of momentum;

The share of Solana’s head defi continues to rise, and the popularity of memes has taken away the focus that was originally thought to belong to the second-layer network of Ethereum. Any new project or meme that just came out can easily surpass aave and twt, which have been in operation for 5-6 years: while the NFT market of Ethereum has not shown any improvement, and has been taken over by BTC, NFT and Solana’s NFT. Share, eden has now nominally surpassed our blur, becoming the number one nft exchange in the overall market; Solana's Jupiter even exceeded uniswap in daily trading volume several times in March.

Some people say that we are speculating, so don’t take it too seriously. What we care about is the increase and the currency price. If you are just going to speculate on a certain project, it will be almost impossible to hold on if it increases by 50%, and uni is like this "Stupid Bird" has increased from 3.8 to 17, but we all still firmly believe that this is far from the end. This is the difference.

Only these projects that combine narrative + technology + actual user needs have a higher ceiling and a higher and more stable market value ranking. I believe verification will begin in the next few months. There are funds that like short-term speculation, and there are also funds that like to be a long-term banker. There is no need to rush when you submit ⑥褳 skirt: rgbn996.Patience, patience, patience, it is always darkest before dawn. I think it will be our turn soon.

When the currency market is good, you can make money no matter how you play, but you must know clearly that the currency market will not always be good! ! ! In the currency circle, when to buy and when to sell is important. If you want to obtain higher returns, the choice is yours. Choice is greater than hard work!