Ethereum is currently priced at 1650, and the daily chart is firmly pushing down. Many traders are stuck in long positions, unwilling to acknowledge losses, continuously averaging down their costs, and ultimately getting boiled like frogs in warm water as their capital is gradually consumed. That little short-term bounce doesn’t change the major downtrend structure. A lot of people think that stop-loss means losing money; in reality, stop-loss is a firewall to protect your capital. Holding onto losing positions is the real bottomless pit. Exercising restraint is far more crucial than frequent trading; or like me, just short at highs and keep accumulating profits. Keeping a steady mindset is key to surviving in the market long-term.$ETH #GateIPOAccessSpaceX #SpaceXIPOAttractsOver250BillionInOrders

ETH0.22%
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HighAmbition
· 2h ago
Diamond Hands 💎
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HighAmbition
· 2h ago
Diamond Hands 💎
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MrFlower_XingChen
· 5h ago
To The Moon 🌕
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MrFlower_XingChen
· 5h ago
To The Moon 🌕
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ybaser
· 7h ago
To The Moon 🌕
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ybaser
· 7h ago
To The Moon 🌕
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