Yesterday I set off to Hangzhou to have fun. My mood wasn't great from the morning, and I didn't pay attention to the market while driving. In just a moment, Ethereum went directly to liquidation. I longed Ethereum at 3050 and it liquidated at 2200. My original intention was to stop loss if it dropped below 2950, but I was careless while driving and didn't set a stop loss, resulting in a liquidation. Amazing!
Personally, my view on this major drop is that it’s more about finding a reason to raise tariffs and clear out the longs. Ever since the understanding king took office, a deep correction was necessary, and I was mentally prepared for it. I just didn’t expect it to be so short and so fast. It was like a man’s three minutes; it was over quickly, but then it got hard again shortly after. Interesting! Moving forward, I still can’t be careless. I feel that the correction is still lacking a bit. I plan to appropriately reduce my position. From doubling my capital before the New Year to now, let alone doubling, it has shrunk by 30%. Yesterday, it shrank by 50% at the highest!
I am still optimistic about the market in the next 2-3 months. I am confident about doubling my investment. Everyone, please stay tuned!
