MN Fund: Grid Trading Captures ETH Volatility Alpha

MN Fund posted 8.6% gains in February while underlying assets dropped 6.2%, generating nearly 15% alpha by trading volatility instead of predicting direction on ETH pairs.

A buy-and-hold investor holding Ethereum since 2021 sits near 0% today despite swings between €1,500 and €3,400, while the fund executed 45,000–60,000 automated grid trades monthly and turned the October 10 2025 crypto market crash into its single best day.

With ETH price at $1969.73 on the 4h chart, price tests the lower Bollinger Band support at $1975.64 while EMA50 resistance sits at $2040.45 and EMA200 at $2162.73; the bearish MACD death cross at -15.41 combined with neutral RSI at 32.8 signals short-term volatility exhaustion that favors continued grid entries near current levels before any retest of upper resistance at $2047.95.