Brothers, I am Brother Qiu. Yesterday, ETH's plunge from 2283 to 2108 caused many brothers to be caught at the peak. Don't panic! Being trapped is not scary; what's scary is making chaotic moves and getting trapped deeper. Today, Brother Qiu gives you 3 practical strategies to break free, so pay attention!
First look at the trapped position, then choose the strategy to break free:
Peak Hero (stuck near 2280):
Current situation: Deeply trapped about 8%, with the greatest pressure.
Solution: Lie flat + add positions on a big drop!
The Middle East situation is unstable; it's difficult to break free in the short term! Don't rush to cut losses or add positions chaotically.
Defend the key level of 2100! If it drops close to 2100 again or hits previous lows (and there are no major explosions in the Middle East), use 1/3 of your mobile funds to add positions in batches, reducing costs to the 2180-2200 area. When it rebounds near 2216, first take profits on the added positions to lower the holding cost, and operate repeatedly.
No funds to supplement? Just lie flat and wait for the Middle East situation to clarify or for Bitcoin to lead a rebound. Focus on whether it can break through 2216 with volume before considering adding positions.
Mid-level Hero (stuck between 2216-2150):
Current situation: Stuck about 5%, with some room for operation.
Solution: Use T trading to reduce costs + follow the breakout!
Use hourly level fluctuations for swing trading: Buy small positions near the 2100-2120 support, and sell when it rebounds to the 2180-2200 pressure zone.
Focus on 2216! If it can break through with volume and stabilize, it indicates that the short-term decline is slowing down, and you can consider adding positions (original position 1/4), aiming for around 2246, and take profits or reduce losses after breaking free.
Strictly cut losses: If it effectively drops below 2100 with volume, reduce positions or cut losses to prevent deeper traps.
Foot of the Mountain Hero (stuck below 2150):
Current situation: Shallow trap, close to the cost zone.
Solution: Be flexible and quick in and out!
You have the advantage! Take advantage of the volatility and boldly add positions near 2100 (you can add up to half of your original position). Take profits on your added positions when it rebounds to the 2180-2200 area. Repeated operations can quickly reduce costs.
If there is a rapid rebound that breaks through 2216, hold on and wait for 2246.
Cut losses unconditionally below 2100! Shallow traps can turn into deep traps, which is the biggest loss.
Brother Qiu's core strategy for breaking free:
News determines life and death: Pay close attention to any developments in the Middle East! If expectations of conflict rise, any technical levels may break; prioritize preserving your capital!
Resistance level is a lifeline: 2216 (61.8% watershed) is the short-term dividing line between bulls and bears! If it can't get above, every rebound is an opportunity to reduce losses, not a reversal!
Position management is key: The money for breaking free is 'lifeline money,' so don't go all in! Always add positions in batches and keep some reserve.
Cutting losses is not shameful: If the situation worsens or technical levels break, you should cut losses and preserve your capital.
Being trapped is not scary; what's scary is having no plan! Are you a 'Peak Hero' or a 'Mid-level Hero'? Comment below!
#以色列伊朗冲突
Suffocated by being trapped? Heartbroken by losses? Follow Brother Qiu! I will break down the main traps and guide you step by step to 'recoup' your losses!
$ETH
