Ethereum meets the expected speculation, the afternoon market is testing you

$ETH shares with everyone my thoughts on this long position

Originally, I thought it would move in a range between 4220 and 4380, but unexpectedly it dropped to just above 4180 today. While watching the market, I noticed that the 15-minute K could rise above 4200, so I immediately added to my position. The current average price is 4250, which is already at the break-even point. It's not that I was slow to exit; rather, I had no intention of exiting early. Let's first look at the levels of 4310 and 4360. Of course, after making a profit, I might consider securing my capital, but I've often secured my capital during this period, so I will consider taking some profit and then lowering my stop-loss.

For example, the current price is 4300, I sell half of my position, with a cost price of 4250. I continue to add the half position to 4200, so if it drops to 4250, I will still be in the market, and even if it goes down to 4200, I will add to my position. This way, the average price will come down to 4225. When we usually make such trades, adding and reducing positions is the same principle: we continue to lower the reduced position to add to lower levels, ensuring that the margin does not increase, but the average price decreases. Currently, I believe this kind of oscillating market is applicable; it is not suitable for a one-sided market.