2026-01-07 16:27:55

Recently, I've been watching Bitcoin's trend. The current price is fluctuating around 93,500, repeatedly oscillating. Previously, I made a swing trade at an average price of 93,700. To be honest, this position feels a bit awkward at this level. The portion of my position added at 94,510 is now showing signs of being pulled back. Holding on further would only increase the unrealized loss.

Rather than stubbornly holding, it's better to seriously consider reducing the position. But this isn't about giving up; on the contrary—it's a classic "sell high, buy low" mindset. 94,510 was already a relatively high level earlier. Since the price has fallen and can't break through that level, it indicates that there is indeed risk at this position.

So, I decided to close this part of the position first, locking in the previous swing gains and avoiding the uncertainty of short-term volatility. Once the price stabilizes at a key resistance level, we can comfortably add to the position again. This approach effectively lowers the overall cost basis while maintaining steady profits. In a market with such large fluctuations, this balance of "giving and taking" is often the key to making money.

The logic for ETH is similar; a swing trading mindset is the right approach.

BTC-1,1%

ETH-1,44%

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GateUser-c802f0e8

· 35m ago

Handshake, I'm also holding that order 94510. I should have reduced my position long ago. Instead of waiting for a dead drop, it's better to sell half during the rebound.

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GasFeeVictim

· 01-09 12:53

93700 keep flipping back and forth, but I still have to face reality and cut it to sleep well.

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LiquidityNinja

· 01-09 00:55

That order 94510 is really awkward. It's better to run first, wait for it to stabilize before entering. Anyway, with the market so volatile, swing trading is the way to go.

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TokenomicsTrapper

· 01-07 16:57

nah this is just classic exit pump pattern before the vesting dump hits, read the contract and you'll see it coming lol

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SerLiquidated

· 01-07 16:52

It's the same old high sell low buy argument, which is not wrong but really hard to execute. If you can't hold it, you can't hold it. It's more comfortable than holding on through floating losses. I also didn't sell during the 94510 wave; looking back, it still hurts a bit. Swing trading is good, but I'm worried my speed can't keep up with the rhythm. Honestly, this position is indeed awkward. Not selling is one option, but selling also risks missing out. Reducing positions is fine, but the key is to catch the next low point. The most incredible thing in our line of work is people who can sleep soundly even after selling at the wrong time.

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NonFungibleDegen

· 01-07 16:43

ngl ser this is just smart risk management dressed up as alpha, and i respect the cope. selling the 94510 bag before it gets worse is peak "i'm not paper hands i'm just rebalancing" energy lol

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GasFeeCrier

· 01-07 16:40

Oh no, the 93500 level is indeed awkward, and I'm also debating whether to cut losses. The swing T strategy is solid, but executing it really tests your mental resilience. I also stepped into the 94510 trap before, so now I might as well consider it tuition.

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degenwhisperer

· 01-07 16:34

The price level of 93,500 is indeed quite restrictive. Instead of dwelling on it, it's better to decisively cut out T.

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ContractCollector

· 01-07 16:34

93700 I also got in on that wave. Now watching the repeated grinding is a bit annoying. Your idea is pretty good; instead of holding onto unrealized losses, it's better to come out and think differently, then re-enter when the price is lower. Honestly, 94510 is already history. Holding on stubbornly really doesn't make sense. With this wave T, your cost can be reduced significantly. ETH, I agree. Now it's time to think in terms of swings; holding on stubbornly is really easy to get worn down.

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RamenStacker

· 01-07 16:29

93500 this position is indeed awkward, I'm also debating whether to sell some 94510 the people who bought in that wave are probably biting their nails now haha Talking about buying high and selling low sounds easy, but when it comes to actually doing it, the mentality is really tough Wait until the key levels are stabilized before entering, this is definitely smarter than holding on to floating losses ETH is the same, swing trading is the right way

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