A cute little student asked me why we should take profits in the 4050-4100 range?

Image + text answer:

4050-4100 is the intersection of horizontal resistance and trend resistance! It is also the dividing line between bulls and bears.

This position is the best profit-taking point for bulls!!!

It is also the best entry point for bears!!!

For bulls, taking profits first can prevent a pullback from encountering resistance, and they can re-enter if it breaks through! Retreat can be an attack, and advancing can be a defense!

For bears, this position offers an excellent risk-reward ratio. Don't hold a losing position, don't FOMO; if wrong, adjustments can be made in a timely manner!

So, what positions should we look for in trading..... Did you learn from today's little class? 😁😁$ETH