The timing for entering those long positions this afternoon was pretty good. I chased ETH up to near 3100, and the account is already showing a floating profit of just over 50 points.
For the evening, I personally prefer to lock in profits for now. Recently, the market has been behaving unpredictably during the late-night hours, so I don't recommend holding positions overnight.
BTC's trend is indeed weak, and I haven't seen any obvious opportunities for now. If you really want to go long, I suggest taking small profits quickly and not being greedy.
The key is to watch the daily candle close at 12 tonight—if it can hold the upper support level, the probability of a bullish continuation tomorrow will be higher. In short, it's best to wait and observe for now, and only act when the signal is clear.
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.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
ForkItAll
· 23h ago
Take profits after just 50 points, I give full marks for that mindset. The weird market action in the second half of the night was really a trap; holding positions overnight is pure gambling. BTC looks pretty unplayable right now, let's wait for the verdict at 12 o'clock.
View OriginalReply0
DAOdreamer
· 23h ago
You cash out after just 50 points? That's pretty conservative. I thought you were more of an aggressive type.
View OriginalReply0
SybilSlayer
· 23h ago
Take profit after 50 points, that's true wisdom. I've also experienced those weird market moves in the middle of the night—one careless move and you get liquidated.
View OriginalReply0
ForkInTheRoad
· 23h ago
Take profit after 50 points, greed never ends well... The market in the second half of the night is indeed strange, I chickened out too.
The timing for entering those long positions this afternoon was pretty good. I chased ETH up to near 3100, and the account is already showing a floating profit of just over 50 points.
For the evening, I personally prefer to lock in profits for now. Recently, the market has been behaving unpredictably during the late-night hours, so I don't recommend holding positions overnight.
BTC's trend is indeed weak, and I haven't seen any obvious opportunities for now. If you really want to go long, I suggest taking small profits quickly and not being greedy.
The key is to watch the daily candle close at 12 tonight—if it can hold the upper support level, the probability of a bullish continuation tomorrow will be higher. In short, it's best to wait and observe for now, and only act when the signal is clear.