Are you sweating while staring at the Ethereum candlestick chart?
First, stay calm. In the cryptocurrency market, going against the trend means certain loss; following the trend is the survival rule.
This circle is essentially a game of capital and emotions, with no so-called 'bottom' or 'perpetual motion machine.' A price increase will inevitably be followed by a correction; greed is the root cause of losses.
As of December 4th at 3 PM, Ethereum is priced at $2980, with a 24-hour increase of 3.2%, and trading volume reaching $8.9 billion. The market sentiment index (Fear & Greed Index) has risen to 68, entering the 'greed' zone.
With the dovish signals released by the Federal Reserve's December meeting, the market generally expects a 25 basis point rate cut next month. Under the expectation of liquidity easing, mainstream cryptocurrencies do have room for valuation recovery. However, the key is not 'will it rise,' but 'how much to invest' and 'when to enter.'
Have you ever wondered why some people make a million profit in a few days of swing trading, while others work diligently for a year yet see little return?
The core lies in the control of the 'risk-reward ratio.'
Trading is not about betting on size, but filtering out noise through technical indicators—
For example, I previously opened a long position on Ethereum at $2720 (corresponding to an RSI indicator showing oversold and a MACD golden cross), setting a stop-loss at $2650. In less than two weeks, I hit the take-profit line of $3100. This is not luck; it is strategy in action.
Many people fall into the mindset of 'wanting more after making a profit, hoping for a rebound after a loss.'
Remember, cryptocurrencies have no rigid payment guarantees. Even in the best market conditions, you should leave a good safety cushion. Do not let a single cryptocurrency position exceed 20% of your total funds. Once the profit reaches the expected target, decisively take profits in batches; cash in hand is real money.
Currently, I am tracking the Bollinger Bands middle support level on the 4-hour chart for Ethereum, planning to set up new long positions in the $2950-$2960 range, with a stop-loss set below $2900.
This strategy is only shared with friends who genuinely want to establish a trading system, not for those who are here to gamble. Leave 'strategy' in the comments, and I'll add you to the real-time tracking group. @bit冰

