Is there any hope for $ETH , who went long at 2666?
In my previous post, I shared my honest thoughts about the crypto market. One follower then reached out to me and said they had gone long on ETH at 2666 and were now stuck in a losing position. They had finally seen the market rebound to 2449 yesterday and thought they might be able to break even by next week at the latest. But they didn’t expect this morning’s market to give them such a shock: prices fell back to around 2240, and their mindset was understandably in a really bad place.
In this kind of situation, all I can say is that this is what happens when you trade without a stop-loss. You keep thinking your position is small and you can just ride it out, but then the market gives you no chance at all and keeps heading down. What you thought was a market reversal was just a little taste of hope.
This follower is also just 200 points away from liquidation, so they should keep a close eye on the 2170 level. If the market breaks below this level, it will only keep moving down.
Lastly, I just want to remind everyone not to treat futures trading like a gamble. We should follow the market in real time, cut our losses promptly when we get the direction wrong, and stop stubbornly holding on to losing positions.
#币安将恢复更多资产提现 #AnthropicIPO估值遭大型投资者质疑
In my previous post, I shared my honest thoughts about the crypto market. One follower then reached out to me and said they had gone long on ETH at 2666 and were now stuck in a losing position. They had finally seen the market rebound to 2449 yesterday and thought they might be able to break even by next week at the latest. But they didn’t expect this morning’s market to give them such a shock: prices fell back to around 2240, and their mindset was understandably in a really bad place.
In this kind of situation, all I can say is that this is what happens when you trade without a stop-loss. You keep thinking your position is small and you can just ride it out, but then the market gives you no chance at all and keeps heading down. What you thought was a market reversal was just a little taste of hope.
This follower is also just 200 points away from liquidation, so they should keep a close eye on the 2170 level. If the market breaks below this level, it will only keep moving down.
Lastly, I just want to remind everyone not to treat futures trading like a gamble. We should follow the market in real time, cut our losses promptly when we get the direction wrong, and stop stubbornly holding on to losing positions.
#币安将恢复更多资产提现 #AnthropicIPO估值遭大型投资者质疑
