Today I'm sharing a trade that I made based on market news.
In the morning, news came out that the Ethereum network upgrade was successfully completed, and gas fees have significantly decreased. This created a positive sentiment in the market.
As soon as I read the news, I sensed that Ethereum would gain momentum, so I quickly made a decision and entered a long position on ETHUSDT at 9:31 AM.
The trade ended in profit. Entry was at $1795.39 and closed at $1825.34.
This trade made a profit of +2.36 USDT (volume was 0.079 ETH).
Such news often signals a big market movement. Taking entry at the right time gave me a good return.
