Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, I experienced a rapid fluctuation in the crypto market. The account went from 38,000 USDT all the way up to 810,000 USDT, feeling like a roller coaster ride the entire time.
On the evening of the 8th, there was a clear upward surge. I opened a long position at 0.126. In less than 5 minutes, the price skyrocketed like a rocket. When it reached 0.153, I decisively took profit, instantly earning 197,000 USDT.
Immediately afterward, the market reversed, and the candlestick turned downward. I quickly opened a short position around 0.15. Then a large bearish candle appeared, and the price rapidly dropped to 0.133. I closed the position in time, locking in a profit of 290,000 USDT.
Last night, the market rose again to 0.155. I shorted again at 0.152. The initial consolidation was uneventful, and I was a bit worried. However, after several small dips, the price fell to 0.135, allowing me to smoothly take profit and earn 320,000 USDT.
These days of trading made me realize that in highly volatile markets, identifying key price levels and timely take profit and stop-loss are the core strategies. Although the gains look good, frequent trading also carries real risks. I will continue to observe this coin's trend in the short term, waiting for the next obvious market opportunity.