Whether it's Ethereum or Bitcoin, the bull market continues. Unfortunately, this month's trading has been like being possessed by James. Due to trying to roll over high-leverage coin contracts, I misstepped in the rhythm and ended up chasing high positions in altcoin spot trading, resulting in a massive drawdown and a mental breakdown... I'm still in recovery mode right now. Currently, I'm just holding onto my spot positions and letting them sit. 😭
As long as Ethereum's daily line does not break below the support of the current consolidation range that has been maintained for 3 weeks, then what awaits it is an upward breakout~ Of course, from a technical analysis perspective, it's either up or down. But from the perspective of trend continuation, the probability of breaking upward is naturally higher than breaking downward. How to make a good trading plan varies from person to person. Some prefer to go long at the lower support, some like to chase long after breaking resistance, or some still believe in the continuation of the consolidation trend, so they short at the upper resistance area. Plan your trades, trade your plan. Set your stop-loss, and let the market give you the answer. Fortunately, Bitcoin has not broken below 100,000; otherwise, everyone would be in trouble... #BTC
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