At this price level, it's time to consider taking profits. Although there may still be room to reach the top, a strategy of taking profits when things look good is often more prudent. The subsequent market may rebound within the 98,500-100,300 range, and there is also a possibility of breaking through the 102,000-106,500 range—basically, be prepared with a plan. The most important thing is to keep risk management in check; don't hold on to positions just because you're optimistic about the future market. If we can see a breakout in the next cycle, only by staying prepared can we seize the opportunity.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
3
Repost
Share
Comment
0/400
TeaTimeTrader
· 4h ago
Really, greed always leads to loss in the end. It's not shameful to take profits when they're good.
View OriginalReply0
Web3ExplorerLin
· 5h ago
hypothesis: this take-profits-early thesis basically mirrors the ancient merchant principle of "a bird in hand"... but technically speaking, bridging the gap between FOMO and rational risk management? *chef's kiss* that's where the real oracle network operates, ngl
Reply0
BearMarketSurvivor
· 5h ago
Taking on a position is the easiest way to fall on the battlefield. I've seen too many veterans fall here due to greed. Survival first.
At this price level, it's time to consider taking profits. Although there may still be room to reach the top, a strategy of taking profits when things look good is often more prudent. The subsequent market may rebound within the 98,500-100,300 range, and there is also a possibility of breaking through the 102,000-106,500 range—basically, be prepared with a plan. The most important thing is to keep risk management in check; don't hold on to positions just because you're optimistic about the future market. If we can see a breakout in the next cycle, only by staying prepared can we seize the opportunity.