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There was a trader nearby who was deeply stuck in a quagmire of losses not long ago. Every time he saw the chart rising, he impulsively chased the rally, and after the pullback, he was reluctant to cut losses. His position grew heavier and heavier, his principal kept shrinking, and he felt anxious every day looking at his account. He even thought about giving up trading entirely.
During the market's volatile phase, most people are led astray by short-term fluctuations, blindly following the crowd and ignoring the rhythm of the trend. He later calmed down and began to systematically analyze the chart logic, avoiding the crowded chase zone, waiting for the market to retrace to a safe support level before positioning, strictly controlling leverage and stop-loss, and no longer blindly going heavy.
In this recent short-term rebound of ETH, he seized the opportunity to enter at a low level, following the bullish trend to hold, without frequent operations in between. In a short period, he reaped substantial gains, and his previously loss-making account directly recovered and turned around.
In fact, the market never lacks 🦅 opportunities. The root cause of many people's losses is an impetuous mindset and fighting against the trend. If you are currently trapped with positions and cannot tell the high and low levels, you might as well sort out your positions. I will give you a set of step-by-step adjustment ideas tailored to the current market. #ETH