Brothers, I am Tang Seng. This morning, ETH shot up to 3066 with a bullish candle, and fans' short positions at 2986 are directly being roasted on the fire! Don't panic, today I'll teach you how to close positions hand in hand, follow the instructions and you can still turn things around!

First Move: Self-rescue with live positions (suitable for those with margin left).

Core: Use time to exchange for space.

Hedging: Immediately open an equivalent long position (open long on ETH), close the long position when the price rebounds to the 3100-3150 area, and short partially when it pulls back to around 3000. Repeat 2-3 times, and the short position cost can be pressed below 3030.

Pyramid Averaging: Add 1 short position for every 20 points (e.g., add 1 position at 3020, add 2 positions at 3000), control total position within 10x leverage, if it breaks 2980, directly close the position.

Second Move: Emergency kit for brothers who have blown accounts.

Remember the bloody lesson:

Unleveraged: New accounts should never open positions exceeding 5x leverage.

Stop-loss Iron Rule: Cut losses at 5%, if you’ve blown up an account, practice with a demo account for 1 week first.

Current Opportunity: Wait for ETH's MACD to show a golden cross signal before entering the market.

Third Move: Ultimate Strategy (Eat according to the weather).

Wait for this Thursday (July 18) for the US CPI data to be released:

If the data is bearish, ETH will definitely crash below 2950. Take the opportunity to close short positions at 2986.

If bullish news causes a surge, firmly defend the 3060 line: cut positions if it breaks, wait to open shorts at 3150 (must maintain a risk-reward ratio of 1:3).

If you've been losing in the crypto space, maybe it's not that you can't do it, but just that your method is wrong. The rolling position recovery model in my trading strategy is already polished. I can share it, but only to those who are serious about turning things around. No disturbances, please! #BTC再创新高 $BTC $ETH