Brothers, I am Chuanlian. Yesterday (July 7), the teacher led us to enter short positions at the high of 2575, definitely not stubborn — technically, the 'head and shoulders' right shoulder was under pressure (the teacher said 'the stock price head is low'), the 2600 round number was like an iron plate, the price rebound was weak, a typical bearish signal!
The news is adding fuel to the fire: Right before the afternoon session, Bitcoin (BTC) suddenly smashed through key support, causing chaos in the crypto circle. ETH was dragged down by panic emotions, experiencing a massive drop (chat record '3409>0' verifying the surge in volume), shorts took direct control!
Profit-taking operations are legendary!
10:45, the first target of 2555 was reached, the teacher immediately shouted: 'Close 80%, lock in profits!' Leave 20% position to prevent missing out, maintaining discipline while taking advantage.
In the afternoon, shorts struck hard, ETH broke through the second target of 2520, dropping to a low of 2511, with the remaining position filled to the end. A 64-point range was fully captured from start to finish, flooding the group with 'raise salaries raise salaries'! That profit of 'SIN perpetual contract +79.93%' is the fiercest battle report!
Personal Judgment:
Technical patterns are the framework, BTC breaking is the fuse, but the teacher's grasp of the rhythm is the soul! At 2555, decisively closed 80% to avoid rebound risks (you saw the later 2511 spike pullback), a textbook example of 'profit defense'. Why do retail investors lose? Greed can't be chewed! The teacher's saying 'when the profit target is reached, it must be closed' is the lifesaving iron law.
Bloody case study: If someone stubbornly held on at 2555 hoping for 2500, the afternoon spike rebound would have wiped out at least 30% of floating profit — while those who acted according to discipline would have seen the rebound as a joke!
ETH is now sitting on the lifeline of 2500! This position will definitely see a battle between bulls and bears:
Is it a rebound support? Or a breakdown collapse?
Remember the teacher's warning: Don't bottom fish without new instructions! In a bearish trend, discipline is the lifeline! For the next battle, wait for the teacher to drop the cup as a signal!
Market winds and clouds, strong players team up! Chuanlian's top positions are open, limited to ambitious and crazy players to seize!