Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.

While Bitcoin (

Considering the uncertainty in the market, worries related to stringent crypto regulation, and the unresolved threats of insolvency, bankruptcy and contagion from the FTX debacle, it’s difficult to determine whether it’s time to go long on ETH.

Risk-averse traders looking to pull the trigger might consider going spot long and short through futures. That way, if one is long-term bullish on ETH, they can build a position while also hedging against short-term downside.

This newsletter was written by Big Smokey, the author of The Humble Pontificator Substack and resident newsletter author at Cointelegraph. Each Friday, Big Smokey writes market insights, trending how-tos, analyses and early-bird research on potential emerging trends within the crypto market.