Recently, I opened another short position on FHE because I really can’t stand the way these altcoins are performing. On the ETH side, I’ve tentatively opened a small long position, but to be honest, until the Fed actually implements rate cuts, ETH will most likely continue to fluctuate and it’s unlikely there will be any major moves.

As for some of the small tokens I was previously watching, I basically don’t touch them anymore—I feel like the window of opportunity has already passed. At this stage, it’s still best to focus on positioning around expectations of rate cuts and wait until the dust settles before adjusting positions.