If you chased RE at 0.58 yesterday, the first thing you do this morning is find your stop-loss order.
At dawn it surged to 0.5898, and everyone in the group was shouting about a breakout.
There was no bad news on the fundamentals—this is purely leveraged liquidations.
After daylight, the picture changed.
The low went down to 0.5072, which is only 14 points away from the high.
Now it’s at 0.5245, down 7.76% in the past 24 hours.
Trading volume is 341 million—it's not that there’s no interest; it’s that nobody is willing to take the other side.
That spike at dawn was short-term money scrambling to buy.
Now that’s running—it's all the people who chased high yesterday.
I almost went in the day before yesterday too, but I pulled back at the last moment.
It’s not about being right more often—it’s being stabbed by wicks too many times that taught me a lesson.
In this kind of market, no one is smarter than anyone else.
The takeaway is one sentence: don’t treat stop-loss orders like a joke.
Before opening a position, think through how much you can afford to lose.
Time will teach you how to place stop-loss orders.
#BTC #ETH #RE #行情复盘 #Trading mindset
At dawn it surged to 0.5898, and everyone in the group was shouting about a breakout.
There was no bad news on the fundamentals—this is purely leveraged liquidations.
After daylight, the picture changed.
The low went down to 0.5072, which is only 14 points away from the high.
Now it’s at 0.5245, down 7.76% in the past 24 hours.
Trading volume is 341 million—it's not that there’s no interest; it’s that nobody is willing to take the other side.
That spike at dawn was short-term money scrambling to buy.
Now that’s running—it's all the people who chased high yesterday.
I almost went in the day before yesterday too, but I pulled back at the last moment.
It’s not about being right more often—it’s being stabbed by wicks too many times that taught me a lesson.
In this kind of market, no one is smarter than anyone else.
The takeaway is one sentence: don’t treat stop-loss orders like a joke.
Before opening a position, think through how much you can afford to lose.
Time will teach you how to place stop-loss orders.
#BTC #ETH #RE #行情复盘 #Trading mindset