On the third day of $ETH on Binance, at least another 10,000 loss is expected today. In fact, if I analyze well and listen carefully, I have more experience than most people in the square. However, I always feel that many veterans in the crypto circle must have more experience, but after observing some stages, I find that many people are actually short-term high-frequency traders, and the majority of the results definitely show more losses than gains.
Starting today, all trades are solely my own opinions. Those who follow me can completely track my trades. Honestly, breaking even at 70,000 USDT is quite simple.
Recently, I just started using Binance and am still getting familiar and experimenting. The short position I took today was very irresponsible; theoretically, I shouldn't have opened a short today under any circumstances. So just take a look at this trade today; there's no need to follow it. I will stop loss at -60%.
Finally, please pay attention and let's chat more.
Although I am firmly bullish, from my experience in stock trading, such a drop cannot be recovered in one day. Everyone should be prepared for going long, and don’t be too anxious about going short. Just strictly follow your trading rules for stop loss.
Everyone must have their own trading thoughts and not just follow others blindly.
Don’t be influenced by me; I’m just sharing a thought. Look at Lanfan; it’s highly likely it’s the ETH price chart for tomorrow. In the short term, it has been bearish for at least a day, so don't act as a beacon.