On the night of July 19th at 23:00, Ethereum, the large pancake $DOGE 's three-order short strategy has all been filled. Those who followed can consider exiting before 4 AM if the positions are still profitable. For the more aggressive ones, you can exit all around 10 AM in the morning, and be sure to have a stop-loss in place.
Why not wait for a better setup? Because I don’t know if you’ve noticed a phenomenon in the past few days, after Ethereum has consistently stood above the high of 3674 for several nights, there was a pullback of 1–200 points, the most was the day before yesterday, down to the level of 2361, but it rebounded again, and then in the morning, there was another wave of selling, but most of it was just a slight spike down, and it rebounded around 11:00. I usually trade at night, so I’m particularly concerned about these issues. I suggest that when it reaches your ideal price, you can exit all.
Today is Saturday, besides this dog, the gains of the large pancake and Ethereum are not too significant. Sunday is a day off, and on Monday, I will update the entry points. Everyone can keep an eye on it, because as long as there are orders coming from the square, I will definitely have positions in hand.
Stop-loss is very important; I’ve repeated this many times. It’s fine if you don’t take profits, but you must have a stop-loss. Recently, many fans have reached out to me saying they got wrecked by this one-sided market of Ethereum. Even if there is a market, if you see the right opportunity, there are no entry conditions 🤧