0xSun: “Long ETH, Short Shitcoins” Strategy Hits Drawdown After SOL Rally — What Ethereum Traders Should Watch

COINOTAG News (September 1) reports that crypto KOL 0xSun distilled the “Long ETH, Short Shitcoins” approach as a pragmatic market positioning that has delivered positive performance amid recent volatility. According to the commentary, the strategy experienced a measurable drawdown when SOL temporarily outperformed and led the altcoins rally; the team will continue to monitor market leadership and consider taking profits if ETH fails to reassert dominance.

On operational constraints, 0xSun highlighted that inability to open the on-chain listing channel imposes a structural ceiling, making the setup more suitable for smaller allocators and less cost-effective for large funds. The commentary recommends targeted liquidity injection or notable on-chain events to expand capacity and improve execution economics for larger stakeholders.