$ETH Insurance policy: Last night, I shorted around 3185. I have already taken profit around 3115. Currently, I am shorting Ethereum at approximately 3133, with a stop loss at 3150 (this short is to prevent missing the move). The position size is 20x leverage, 10% of the account, and the holding volume has been increasing. There is a high probability of a waterfall decline.
Since the cost of trial and error is relatively low, it can be understood as the previous insurance.
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$ETH Insurance policy: Last night, I shorted around 3185. I have already taken profit around 3115. Currently, I am shorting Ethereum at approximately 3133, with a stop loss at 3150 (this short is to prevent missing the move). The position size is 20x leverage, 10% of the account, and the holding volume has been increasing. There is a high probability of a waterfall decline.
Since the cost of trial and error is relatively low, it can be understood as the previous insurance.