This market has started to become sluggish. $110,000 has not stabilized, and no flood release has been seen. Mainly, I missed the good entry points for shorting, so I am being cautious. I have suffered losses before; without a high point for ETH, I dare not rashly enter the market to short. You all think ETH is easy to profit from, but if it goes crazy, it’s impossible to hold on.
Actually, I would prefer ETH to liquidate the shorts and return to a higher point, like $2630 or even higher, so that my shorting would be safer and I could earn more; otherwise, setting a stop loss is difficult.
The same goes for going long. Without a good low point and risk-reward ratio, only a quick and deep spike downward presents an opportunity to enter. If you go in during the sideways market, you will just be cannon fodder. #BTC #ETH