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Recently, I've been watching Bitcoin's trend. The current price is fluctuating around 93,500, repeatedly oscillating. Previously, I made a swing trade at an average price of 93,700. To be honest, this position feels a bit awkward at this level. The portion of my position added at 94,510 is now showing signs of being pulled back. Holding on further would only increase the unrealized loss.
Rather than stubbornly holding, it's better to seriously consider reducing the position. But this isn't about giving up; on the contrary—it's a classic "sell high, buy low" mindset. 94,510 was already a relatively high level earlier. Since the price has fallen and can't break through that level, it indicates that there is indeed risk at this position.
So, I decided to close this part of the position first, locking in the previous swing gains and avoiding the uncertainty of short-term volatility. Once the price stabilizes at a key resistance level, we can comfortably add to the position again. This approach effectively lowers the overall cost basis while maintaining steady profits. In a market with such large fluctuations, this balance of "giving and taking" is often the key to making money.
The logic for ETH is similar; a swing trading mindset is the right approach.