Good early morning, the moonlight is really beautiful, hello everyone.
1. Operation situation - Unexpected large pullback!
At the moment I'm writing, the ETH price is 2609 USD. Total funds overview is 100k RMB.
On the 11th, I finished writing the trading notes, on the 12th the account reached 100k, and on the 13th the account plummeted to 52k.
I was aware during the crash; I searched through the news and didn't see any factors affecting it, realizing the next day.
This is to hedge profits before the release of Tuesday's CPI data.
I haven't paid much attention to the CPI data recently. If I had known it was Tuesday's CPI, I would have definitely taken profits early to avoid a large pullback.
As a result of this pullback, I lost 900 USD in floating profit from this junk coin PIPPIN, and it even led to a loss of over 270 USD later.
Today I opened positions in SOL and NEIRO, currently with a total floating profit of 800 USD, which is quite a recovery.
In fact, this kind of pullback makes me feel anxious.
If the CPI data is bad tonight, my total funds overview might not even hold 40k.
My total leverage ratio is currently at 6.64 times.
Both SOL and NEIRO with USD positions have take profit prices, doing short-term trades, but I will continue to hold SSV long-term and will not roll over positions.
The take profit price for ETH in coin base is still set at 2940.
2. Market judgment - Ethereum aims for 3000! Tonight is the watershed!
1. Ethereum re-tests 2600, supported by CPI, stabilizes and aims for 3000 USD.
There is no doubt that this year's Ethereum surge is replicating the explosive growth trend after the Ethereum upgrade in 21. The cycle has strong replicability. If it weren't for Trump's tariff policy, perhaps this cycle would have come earlier. With the help of CPI, it soared into the sky.
Based on the current Ethereum exchange rate of 0.025, and the peak of the bull market at 0.08, the bull market price point for Ethereum is at least 7500 USD.
But I believe at least an explosive event is needed to push the wave.
Currently, there isn't enough innovative fuel for explosive points in the token field, but everyone is ignoring a potential economic explosive point - the approval of staking-type Ethereum ETFs.
The recovering bull market sentiment is likely to dissipate around 3500~4000 USD, and this staking-type ETF will be the main driving force for Ethereum to break its new high of 4800 to 7000 USD.
2. USD position 40 times attempt
Tonight when Ethereum was at 2560, I told my friend that Ethereum would break 2600 and then touch 2700.
He thought I misread the price, mistakenly believing it was 2660.
At the critical resistance level of 2500, there have already been two attempts, consuming a large number of take profit orders. The resistance has almost dissipated under tonight's CPI support.
The next resistance level is the critical price of 3000 USD.
In this range, I believe that once Ethereum reaches 2650, I can leverage to go long on some rising coins that haven't topped the charts for consecutive days.
High risk, but potentially higher returns.
Tonight my USD position funds have reached 21k.
I will take profit at 178 for SOL, and I will withdraw 5000 to open a copy trading account. Let's see how much 5000 can reach under high leverage.
2. Expected funds and settlement plan
I will not make any additional positions in Ethereum and SSV; I will automatically close positions at the take profit price, and I will gain about 100k in take profit.
At that time, the total funds overview is expected to be around 180k.
3. Withdrawal situation
Position: Principal 10k RMB (withdrawn) -> Current position funds 100k RMB<- Accumulated net withdrawal profit 6000
Total leverage ratio of 6.64 times
The position screenshot is below.
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