# UPDATE

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🚨 WE ARE NOW HEADING TOWARDS EVERYTHING CRISIS
And you really need to pay attention to it.
Most people are only paying attention to the "Energy Crisis."
But it's not the tip of the iceberg.
Apart from the energy crisis, there are some major crises ongoing that could cripple the global economy.
1) Food crisis
For the first time since June 2022, Hedge funds have flipped bullish on wheat.
The blockade of Strait has resulted in fertilizer supply crunch, which means good prices are about to go a lot higher.
2) Bond market crisis
Japanese bond yields are hitting new highs every day now.
This is som
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#Update Ethereum
$ETH dropped below $2,300 with a -3.90% decrease in the last 24 hours.
The long ratio of 262% initially appeared bullish, but the reality is different. 616 whale longs experienced a loss of -$49.7 million with an average entry price of around $2,402, while 296 whale shorts actually gained +$8.69 million near $2,337, clearly indicating that shorts still hold control despite the long bias.
The bearish trend continues to push into the supply zone, and there is no acceptance on the upside. Therefore, I will take a short position.
🚨 Trading Setup $ETH 📊
Short Entry: 2290 – 2310
ETH-1.67%
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jimmychen:
$ETH BTC-ETH correction, a chance to acquire chips at the bottom, seize the opportunity to get on board quickly, and push northward for a surge.
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