In cryptocurrency market trading, I used the Relative Strength Index (RSI) strategy for a trade involving Ethereum (ETH). At that time, the price of Ethereum had been fluctuating for a while, and I closely observed that the RSI value had dropped below 30, entering the oversold zone. According to the RSI strategy, when the indicator is in the oversold area, the asset price may be undervalued, presenting a rebound opportunity.

Based on this judgment, I decided to buy a certain amount of Ethereum. Initially, the market did not immediately rebound as I expected; the price continued to hover at low levels, even slightly declining, which made me somewhat uneasy. However, it wasn't long before the market sentiment gradually warmed up, and the price of Ethereum began to rise, ultimately achieving a gain of 20%, successfully reaching my profit target.

The result of this trade was basically in line with expectations. However, during the trading process, I also found that while the RSI indicator can signal overbought and oversold conditions, the formation of a market bottom is not instantaneous, and there is uncertainty in the waiting time for a rebound. In my next trade, I will combine tools such as Fibonacci retracement lines to further accurately judge the timing of entry, while setting more reasonable stop-loss and take-profit points to optimize my trading strategy and enhance the stability of returns. #交易策略 #交易故事