One-sided markets are the easiest to profit from but also easy to miss. Most market conditions are torturous like the current one, testing our mentality. Staying away from the market is the best choice, but being in the midst of the market, we all fall into the trap of being too involved, unable to control ourselves, and unable to detach from the market.
Friends with too large positions and high leverage are the first to break down mentally, unable to sleep at night or eat during the day, often facing choices of stop-loss or liquidation.
In fact, 90% of those holding positions can break even or make a profit, but there is a 10% chance of complete liquidation and loss.
Therefore, it is essential to maintain a good mentality, to have a reasonable expectation of losses, to reduce leverage, and to accept manageable losses in exchange for larger returns, keeping a calm mind and looking forward to the future.
Will $ETH return to 2500? Is it an early reaction to CPI data or is a storm brewing? We shall see.
