Jonathon1

How to use trailing stop loss and adding positions?

・Step-by-step operation: For example, you can add to your position in the early stages of a trend. When the price rises to a certain level and the trend starts to appear unstable, switch to using a trailing stop loss to protect profits. This method uses the two separately rather than executing them simultaneously.

・Position management: You can divide your funds into several parts, one part for the initial position and set a trailing stop loss, while another part adds to the position after confirming the trend. However, the added portion does not follow the trailing stop loss but sets independent stop loss/take profit points. This approach can amplify profits while still maintaining some level of defense.

・Market environment: Adding positions may be more appropriate in a strong one-sided trend; whereas in highly volatile or unclear trends, trailing stop loss can play a more significant role. The appropriate scenarios for both are different, so when used in combination, adjustments need to be made based on market conditions.

This refers to the practice of continuously adjusting (upward or downward, depending on whether you're going long or short) the take profit level as the market price moves in your favor, in order to lock in more potential profits while simultaneously protecting the gains already made. For example:
• You enter a long position at $100 with an initial take profit set at $120.
• When the price rises to $115, you may adjust the take profit to $110, ensuring you can still profit even if there is a pullback.

Adding positions (Pyramiding / Scaling In)

Adding positions means that when the price is moving in your direction, you choose to increase your position size to expand profits. For example:
• You enter a long position at $100, and when the price rises to $110, after confirming the trend is strong, you add to your position.

1 Ethereum is about to launch internal news about the 'Sharding 2.0' upgrade
There are rumors that the Ethereum core development team is secretly testing a significant upgrade called 'Sharding 2.0', which is said to be a further optimization of the existing sharding plan (the follow-up to EIP-4844), potentially greatly increasing transactions per second (TPS) and reducing gas fees. This news is reportedly leaked from a developer forum, claiming that the testnet will go live in early 2025, with mainnet deployment possibly occurring mid-year. However, this has not been officially confirmed by Vitalik Buterin or the official team and is considered 'insider' news that is hotly debated within the community.
2 A major country is preparing to include ETH in its foreign exchange reserves
An unverified rumor suggests that a certain economic power (some speculate it could be Singapore or Switzerland) is researching the inclusion of Ether as part of its foreign exchange reserves, similar to how Bitcoin has been adopted by countries like El Salvador. The source of this rumor is said to be a post from an anonymous X account, claiming to have heard about it in a closed-door meeting. If true, this could significantly boost the legitimacy and price of ETH, but there are currently no official documents or reliable media supporting this claim.

3 Vitalik Buterin is about to announce a new project
There are rumors that Ethereum co-founder Vitalik Buterin plans to announce a brand new project at a crypto conference in April 2025, reportedly related to privacy layers (such as zk technology) or cross-chain interoperability. The specific details of this rumor are that the project has already received funding support from several top venture capital firms and may directly increase the demand for ETH (as the project is expected to heavily rely on the Ethereum network). The source of this news is unclear, but some claim to have heard it from insiders in the venture capital circle.

Currently, there are only a few days left before Trump takes office on January 20. Many people are guessing whether Bitcoin will rise first before taking office or fall back and then rise after taking office? I guess institutions support Trump and naturally hope that he can support the ideas of consortiums and institutions to legalize the commodities they invest in so that more countries can see policies that support Bitcoin.
Then attract more money to buy Bitcoin so that the consortium can make more money. And this plan is also in progress! If you are still waiting for an investment opportunity. Then it's too late!

#symbol Bitcoin BTC$😉 Is the crazy bull market arriving?
Bitcoin will behave as it has in the past, currently still in a consolidation pattern without the violent mode of a bull market, so please remain calm.
Whether Bitcoin will be used as a strategic reserve will depend on the resolution of both parties after Trump's first 100 days in office; perhaps by mid-April we will see the arrival of the crazy bull market for Bitcoin.