Family, I'm a little afraid of heights... Is it really okay for Ethereum to rise like this?
Yesterday ETH was still 3000, today it has already reached 3500! It’s rising so fast, the profit-taking is too large! Our viewpoint on ETH yesterday was that we would see 3600 for sure, but I expected it to fluctuate and rise over three to four days.
But now it's completely off the charts, it just went up in one line, I think we might not even need to wait for 3600, we can start reducing positions near 3500. With such a big rise, the risks are increasing, and the risk-reward ratio is decreasing.
Then Solana was only 160 yesterday, I said to look for the previous high around 180, and today it has also reached that. BTC long positions have also taken profits at 120,000, so I have no regrets now.
Take profits at high points and let others take over, rather than taking over from others. I’m looking forward to a larger correction, only then will I dare to re-enter. Don’t you think so? 😚