We are currently observing Ethereum, preparing to find a point to enter short, but not now. For now, we will observe the market. We plan to use 10x leverage to gradually buy 10% of our funds in short positions, with a maximum loss of 10%. Patience is key. As for why we have a bearish outlook, a detailed explanation will be provided in the following text.
Tonight, we will give out red envelopes in the live broadcast room, and we will review the trading activities during this period. We have not incurred any losses for half a month, but we must avoid emotional interference and always maintain a respectful attitude towards the market. The first ten days of last month were consistently profitable, and the current situation is similar, but then we started to incur losses for a week. Treating the market as an ATM, we need to adjust our mindset. Let's not repeat the same mistakes. Thank you all for your support. If everyone has followed along, we should have completed a 20% annualized income this month. Our profit-taking and exiting are also to avoid the impact of short-term news from the 7th to the 8th. For those who read the posts but do not comment, I won't share strategies with you in the future, haha.
Tonight, we will give out red envelopes in the live broadcast room, and we will review the trading activities during this period. We have not incurred any losses for half a month, but we must avoid emotional interference and always maintain a respectful attitude towards the market. The first ten days of last month were consistently profitable, and the current situation is similar, but then we started to incur losses for a week. Treating the market as an ATM, we need to adjust our mindset. Let's not repeat the same mistakes. Thank you all for your support. If everyone has followed along, we should have completed a 20% annualized income this month. Our profit-taking and exiting are also to avoid the impact of short-term news from the 7th to the 8th. For those who read the posts but do not comment, I won't share strategies with you in the future, haha.
$ETH Wishing everyone a happy Labor Day holiday! Sending a small red envelope to everyone! Please check your positions; you should currently only have one very light trend short position. Last night, the message indicated that the maximum position you should have is 7.5% with 20x leverage. Even if 1722 didn't run, the base position is still very light at 50%. In our private domain, the break-even price has reached 2300, and the uncertainties on the sidelines are really huge right now. I suggest waiting and watching until the market validates our analysis before opening new positions. Recently, everyone should have made a profit; take some time to relax and improve your life during the holiday. Isn’t that the purpose of trading? Wishing everyone a pleasant Labor Day; if there's an opportunity, we earn; if not, we enjoy ourselves!