Im still short from last week, multi weeks plays are not my favorite thing to do with perps. The money from the ETH calls was rotated into the short as i posted so im just waiting to close this position out and NOT get into a long trade. Its easier to scalp right now.

Just caught some pretty significant NFT news today that's worth paying attention to. A major Ethereum NFT platform just shut down after a planned acquisition fell through, and it's raising some real questions about how the digital art ecosystem actually works. So here's what happened. Blackdove was supposed to take over the platform, but when they looked at the long-term picture, they decided to build their own marketplace instead. The founder Kayvon Tehranian is now overseeing the wind-down, which apparently could take up to a year. Not exactly a quick exit. What's interesting about this NFT news today is what it reveals about the broader market. We're looking at 96% of NFT collections showing literally zero trading activity. That's... a lot of dead weight. And the numbers don't lie - the market value dropped 72% throughout 2025. That kind of contraction puts serious pressure on any platform trying to stay afloat. But the real concern here goes deeper than just marketplace closures. This is making people think hard about where digital art actually lives. A lot of NFT collections rely on external storage systems that might not stick around forever. When a platform shuts down, you start wondering whether your files and metadata are actually safe. That's the kind of thing that keeps collectors up at night. Some people are now looking at fully on-chain solutions where both the token and the content stay within the same network. It's a different approach to ownership and access. Blackdove mentioned they're building integrated tokenization features into their new system, and they've apparently seen a 40% yearly increase in physical digital art installations in their ecosystem. So this NFT news today is basically showing us that the old models are getting tested pretty hard. Platforms are having to rethink how they handle infrastructure, storage, and long-term viability. The marketplace landscape is definitely shifting, and whoever figures out the storage problem first probably has a real advantage. This kind of market pressure tends to force innovation, so we'll see what comes next.

$ETH ‌Today’s Short-term Trading Date: 2026-04-22 Reference Price: $2,312 (≈¥15,880) Cycle: Intraday Short-term (No Overnight) Total Position Limit: ≤25% of Total Funds 1. Core Long-Short Boundary • Strong Support: $2,280 • First Resistance: $2,350 • Unified Stop-Loss Principle: Must be included in every order, do not hold through losses 2. Low-Position Long Strategy (Main) Entry • Entry Range: $2,290 – $2,300 • Recommended Entry Price: $2,295 • Position Size: 15% of Total Funds Exit • Stop-Loss: $2,275 • Take Profit 1: $2,340 – $2,350 (Reduce position by 50%, move stop-loss up to cost basis) • Take Profit 2: $2,380 – $2,400 (Hold remaining position) 3. High-Position Short Strategy (Light Position Supplement) Entry • Entry Range: $2,345 – $2,355 • Recommended Entry Price: $2,350 • Position Size: 10% of Total Funds Exit • Stop-Loss: $2,370 • Take Profit: $2,300 – $2,310 4. Reversal Trigger (Execute Immediately) 1. Volume stabilizes above $2,350 + retests without breaking down → Bullish, can add to positions accordingly, target above $2,400 2. Volume drops below $2,280 → Turn bearish, stop-loss on long positions, can lightly short, target $2,250–$2,200 3. $2,290–$2,350 sideways with decreasing volume → No action, observe