This wave of short-term trading on Bitcoin indeed wasn't very clear. Half was sold at the 945 level, with the plan to buy back around 965, but after a nap, it just dropped straight down. Looking at the candlestick structure, I found that the bottom support is still there, but my core position has been cleared out.
The current approach is this: if there is no lower support later on, look for opportunities to add long positions in the 925 to 920 range. But be prepared for two scenarios—cut half at 915, and if it breaks further down to 905, stop all losses. As for the upward move, consider taking profit at 960 with T1.
Ethereum's strategy is basically synchronized with BTC. Honestly, at 908, I should have been more bullish, but once it dropped below 908, I immediately reversed to short. Such repeated operations can easily lead to being passive. It seems I need to be more patient and wait for clear structural confirmation signals.
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nft_widow
· 1h ago
This trading style is so familiar to me, the drama of losing money while sleeping is playing out again...
Repeatedly cutting losses really can make you emotional, better to just lie flat and wait for signals.
That wave at 908 was indeed a good time to buy the dip, blame myself for being reckless and turning around.
Now it depends on whether 920 can hold, or it will be another show of cutting losses.
Wait, are you serious about your risk management? Cutting half at 915 and stopping at 905... come on, you'll still be greedy then.
Change your mindset about buying the dip, frequent trading is just giving money to the exchange.
As long as the bottom structure is still there, don’t panic, the problem is your mindset is already collapsing.
ETH following BTC’s pattern, it’s likely to drop another wave.
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gaslight_gasfeez
· 5h ago
Just taking a nap and my account got washed out, this feeling is really incredible...
It drops below, then rebounds, rebounds again and drops below, might as well not move at all haha
I'm also watching the 925 level, waiting for a confirmation signal
908 shouldn't be too bullish or too bearish, this kind of repeated operation really tests your mentality
Stop-loss must be set properly, otherwise you'll be wiped out along the way and it's game over
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PretendingToReadDocs
· 01-20 03:20
Sleeping means losing money; this move really fell flat.
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SellTheBounce
· 01-19 23:51
Sleeping now is truly the best; repeatedly operating just results in passive hits. There's always a lower point waiting, and that's the lesson.
Forget it, sell on the rebound, don't think too much.
The weakness of human nature is not wanting to miss out, but as a result, every time you chase high, you get it wrong.
Wait a bit, be patient, opportunities will come.
That's why you should buy the dip, not chase after the rise.
Shorting everything might actually be the right move.
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StealthMoon
· 01-19 23:51
Sleeping is the Achilles' heel; waking up, the account is gone. It's truly frustrating.
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TokenUnlocker
· 01-19 23:49
Losing money while sleeping is the worst, this is the brutal hit of the crypto world.
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ZKProofster
· 01-19 23:42
ngl the classic "sleeping through a liquidation" move, we've all been there tbh. but here's the thing—timing these structural confirms is actually harder than people make it sound. the whipsaw from 908 is just... protocol failure on your part, not the market's fault lol
This wave of short-term trading on Bitcoin indeed wasn't very clear. Half was sold at the 945 level, with the plan to buy back around 965, but after a nap, it just dropped straight down. Looking at the candlestick structure, I found that the bottom support is still there, but my core position has been cleared out.
The current approach is this: if there is no lower support later on, look for opportunities to add long positions in the 925 to 920 range. But be prepared for two scenarios—cut half at 915, and if it breaks further down to 905, stop all losses. As for the upward move, consider taking profit at 960 with T1.
Ethereum's strategy is basically synchronized with BTC. Honestly, at 908, I should have been more bullish, but once it dropped below 908, I immediately reversed to short. Such repeated operations can easily lead to being passive. It seems I need to be more patient and wait for clear structural confirmation signals.