The Ethereum long position in the private domain of $ETH $BTC #鲍威尔发言 has exited. Tonight's Ethereum script is indeed melodramatic.
The reasons are as follows: The part that was closed at 1606.66 has been reinvested at 1580, and now everything has been closed. Today, the first take-profit position of 1606 has closed 40%. The originally planned second take-profit position was around 1645. To ensure basic profit, we have set our stop-loss below the cost line at 1667. The current price is too close to the stop-loss, leaving no capacity for risk management. Due to previous lessons from being hit at specific points, the private funds are not insignificant, and being hit at specific stop-loss points is a likely occurrence. To avoid risk, we decided to temporarily exit to preserve basic profits. However, my personal Ethereum position is still being held, mainly because it is not following the rise at all. If Bitcoin pulls back slightly, it is very likely that Ethereum will target our losses. In situations like today where Ethereum is underperforming, there is really nothing we can do, and we have retraced a considerable portion of profits.
Finally, I want to say that many people are criticizing Ethereum's performance tonight. Although I am a bit angry, more than that, I feel helpless. The market is always right; do not argue or go head-to-head with the market. There must be a reason I am not seeing for not following the rise. The past few days have shown significant divergence between bulls and bears. There is nothing wrong with either shorting or going long; with the right entry point, profits can be made in this volatile market, so there is no need for harsh words. Trading is a form of cultivation; technical analysis is just a threshold, and mindset is the dividing line. However, I basically haven’t seen any trolls on my post, and I still want to thank everyone.