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Last night, I saw many traders in the group chat taking quite aggressive positions, frequently opening short positions on Bitcoin around 92,500 and shorting Ethereum at 3,180. My approach is a bit different— the biggest trap in the crypto market often comes from those who seek quick profits. The goal of trading is to achieve stable gains, not to react faster or to use higher leverage. Rushing into trades often results in account shrinkage.
My strategy for Ethereum is to wait for extreme points during sideways markets before considering shorting. Those who rush to build positions at 3,180 are essentially betting that the market won't rebound, but currently, the market liquidity is ample, and blindly trying to top out carries significant risk. So I set my range around 3,300, placed an order at 3,280, and then went to sleep peacefully. Woke up to find the order perfectly filled— that’s the reward of patience. There's no need to fight the market; just seize the opportunities it actively presents.
Regarding Bitcoin's recent breakout, honestly, it exceeded my expectations a bit. I previously thought it would oscillate for a while longer, waiting for the moving averages to align further before confirming the direction. I didn't expect it to surge ahead directly. From a technical perspective, the volume during this breakout is average; although the Bollinger Bands on the daily chart are expanding, we need to observe whether subsequent volume can sustain to confirm the trend's authenticity.