Leverage amplifies not only profits but also your greed and fear. Always let go of the fantasy of 'certain victory' and the mental demon of 'recovering losses'. Keep your position within a bearable range, and treat the stop-loss line as an inviolable lifeline that must be firmly executed. Emotional trading, blindly following trends, and holding onto floating losses are shortcuts to liquidation. Looking back at the early morning market, Bitcoin is quite clear; after the spike, it stabilized and rose around the 115,500 level, currently rebounding to around 118,000. Last night, we also chose to go long at a low position, targeting the 117,500 level. The long positions we set in the early morning were also successful, hitting the take-profit and gaining over 1,000 points. Ethereum has seen a crazy catch-up, successfully gaining nearly 80 points. The current price is around 117,900.
The daily chart has formed a standard 'spike and rise' bullish pattern. The 4-hour MACD has formed a golden cross, and RSI has risen to the healthy range of 58, with trading volume gradually increasing, confirming that bullish momentum is strengthening. Ethereum is performing even stronger, breaking through the short-term downtrend line and continuing to catch up, forming a clear upward channel.
Bitcoin strategy: Buy near 117,300, target 118,500.
Ethereum strategy: Buy near 3,100, target 3,165.