According to Gordon (@AltcoinGordon), Binance CEO CZ suggested that derisking might still be a viable strategy even when an investment is down by 80%. This advice highlights the importance of managing risk and potentially reallocating assets to stabilize a portfolio, which can be crucial for traders looking to mitigate further losses. Source: Twitter (@AltcoinGordon).

According to Flood (@ThinkingUSD), the recent surge in Ethereum's price is considered a signal for traders to begin derisking their portfolios. This perspective suggests that the current upward momentum in Ethereum could indicate a peak, prompting traders to reduce exposure to high-risk assets. This strategy is relevant for those seeking to lock in profits before a potential market correction. As per Flood's analysis, monitoring Ethereum's price movements can offer critical insights for timing market exits strategically.