Yesterday, there was another round of long and short traps, and looking back, it was quite exciting.



When Ethereum dropped from 3115 to around 3100, entering a light long position was a good opportunity, with a stop loss placed at 3040. On the Bitcoin side, once it reached 90700, I had already taken profits.

From the recent surge on the 2nd, the current correction has actually reached the midpoint. The liquidation intensity at the 93000 level has indeed been significant recently, and the logic of advising everyone to go long starting last night is based on this. Currently, the long positions are still held, mainly watching whether it can continue to break through.

Bitcoin has already broken the one-hour level of the long-short dividing line, while Ethereum is still in friction. Once Ethereum also breaks through, it’s highly likely to continue the rebound. At this point, it’s important to have a plan for partial take-profit on long positions and not let profits slip away.

At this stage, market volatility is actually not large. While this makes risk relatively more controllable, the returns are not as ideal. Instead of blindly chasing, it’s better to patiently wait for key levels each day to enter, which can improve the win rate.
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LiquidatedDreamsvip
· 20h ago
The wave of liquidation at 93,000 was really fierce. I haven't slept well since taking that order last night. Enough, enough. It's always about waiting for key levels. No matter how many times I hear it, I still tend to chase highs. When will Ethereum catch up? It feels like it's always holding me back. Talking about taking profits in batches sounds simple, but when it comes to actually doing it, I get nervous. A calm market is a test of mental strength. I just decided to lie flat. Profit slipping away? I didn't even make any, so what's the point of talking about taking profits? That stop-loss at 3040 is a bit aggressive. I'm not brave enough for that. Long and short positions both winning is indeed exciting, but unfortunately, I lost on both.
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MissedTheBoatvip
· 01-09 02:43
The 93,000 liquidation was indeed fierce, but I still feel that this rebound is a bit fake. Wait, you say if Ethereum catches up, it will continue to rebound? I feel like it might test the bottom again. This kind of market actually tests your mentality. Don't rush to chase; key levels are really important. I'm still holding yesterday's long position, which is a bit uncomfortable. Taking profits in stages is really necessary; otherwise, you'll have to deal with another retracement and spit it out. Whether 93,000 breaks or not is the key. I'm still a bit uncertain right now. It's not that I'm pessimistic; the market volatility is too small, and I can't make big money. Wait for the next clear direction. Instead of struggling here, it's better to take a break.
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BridgeTrustFundvip
· 01-09 02:40
The 93000 level is indeed a trap; several friends got wiped out. But your recent operations are quite steady, and developing the habit of taking profits in batches is necessary. Let's wait for Ethereum to break through; I feel like I'll be watching charts all afternoon today. The returns are really miserable; it's better to wait for key levels to go up. Blindly chasing this market is just pure self-torture. I'm still holding long positions, waiting for the breakout signals from the big guys. If I hadn't sold at 90700 yesterday, I would have gone crazy from the losses. Luckily, I took profits in time. Ethereum is still dragging its feet, while Bitcoin is decisive. This is the annoyance of different rhythms.
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ser_ngmivip
· 01-09 02:36
Hmm, the 93k liquidation wave was indeed fierce. I also timed my entry carefully. Now it just depends on when Ethereum will catch up. Taking profits in stages is still necessary, otherwise it's easy to miss trades. The lack of volatility is actually a bit boring. It's better to carefully consider where tomorrow's support levels are. But your stop-loss setting is quite good; the 3040 line is indeed reliable. This market is testing patience a bit. You need to wait for the real opportunity to act, otherwise you're just wasting gas fees.
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BackrowObservervip
· 01-09 02:32
The liquidation strength at 93,000 is really strong, but the current market volatility is a bit uncomfortable. Wait, is Ethereum still struggling? It seems like breaking below might take some time. Yesterday's double buy was really satisfying, but the positions I hold now are a bit cold. Profit-taking plans need to be well prepared, don't be greedy. Can this rebound continue? We'll have to see what happens next.
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IronHeadMinervip
· 01-09 02:31
Once again, in this kind of market, make a profit and then run. Greed leads to losses. I really believe in it. I also saw the key level at 93,000, but entering long now feels a bit risky. Wait and see if this wave can really continue upward. I'm just worried about another pullback, it's troublesome. The friction in Ethereum is really exhausting. Rather than chasing highs, I might as well take a break. Anyway, money that can't be earned isn't really money.
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