Let me review this round of operations today—honestly, I kind of stepped on a landmine.
The long positions were set yesterday, aiming for the 4-hour level pullback—both Ethereum and Bitcoin entries went as planned. But I woke up around 5 a.m., stared at the charts, and realized the bottom formation didn’t succeed, so I decisively closed the longs at key levels. What about the shorts? I saw Ethereum forming a top structure on the 1-hour chart and set a pending order. But here’s the problem—I was still groggy after just waking up, and the order automatically triggered and entered the market, but I wasn’t even fully aware of it at the time.
The biggest lesson this time is: you really have to stick to trading discipline. From now on, I’ll stop leaving my phone by the bed, and if I’m not looking at the computer, I won’t mess with orders. This time, after Ethereum broke out above the rectangular neckline with volume on the 1-hour chart, I stopped out. Now this rally has already reached a key position. I plan to check the charts again after next Wednesday; most likely, there will be a 4-hour level consolidation coming up, waiting for a new high and direction. For now, I’m choosing to stay on the sidelines, patiently waiting for the next opportunity.
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Let me review this round of operations today—honestly, I kind of stepped on a landmine.
The long positions were set yesterday, aiming for the 4-hour level pullback—both Ethereum and Bitcoin entries went as planned. But I woke up around 5 a.m., stared at the charts, and realized the bottom formation didn’t succeed, so I decisively closed the longs at key levels. What about the shorts? I saw Ethereum forming a top structure on the 1-hour chart and set a pending order. But here’s the problem—I was still groggy after just waking up, and the order automatically triggered and entered the market, but I wasn’t even fully aware of it at the time.
The biggest lesson this time is: you really have to stick to trading discipline. From now on, I’ll stop leaving my phone by the bed, and if I’m not looking at the computer, I won’t mess with orders. This time, after Ethereum broke out above the rectangular neckline with volume on the 1-hour chart, I stopped out. Now this rally has already reached a key position. I plan to check the charts again after next Wednesday; most likely, there will be a 4-hour level consolidation coming up, waiting for a new high and direction. For now, I’m choosing to stay on the sidelines, patiently waiting for the next opportunity.