$ETH did something foolish today, opened a long position at 4246, and set a take profit at 4370, then went to play Chinese chess.
When I came back to my senses, I found out I had taken profit. Then I opened another long position at 4487, and saw that at 4570 I took profit again.
Finally, I shorted lightly at 4643, got forcibly closed at 5450, waiting for a pullback. But it shot up to a high of 4859.
Today, ETH went from 4205 to 4859, an increase of 659 points, a rise of 15.6%. This situation was also seen on May 21, 2024, when the ETH spot ETF was approved, and it rose about 630 points, if I remember correctly.
To be honest, taking profit at 3470 today was indeed below standard. Obviously, there was a Powell speech in the evening live stream, and I should have taken profit and secured my capital loss. At that time, the short-term indicators were accurate, but I got so caught up in playing Chinese chess that I forgot.
The profit from the long positions was too little compared to the rise, while the short position at 4643 was stuck for about 200 points, overall profitable. I'm not worried about the light position at 4643; I'm angry that I forgot to remove the take profit at 3470. When trading contracts, one should not get distracted. Otherwise, it costs more.
After that, my mood was a mess, and my chess record went from 4-2 to 2-2, I just want to say, damn it!
