The market is highly volatile and changes quickly, so there's no time to provide real-time notifications. However, I'm concerned that my sharing could lead some to chase longs without knowing how to manage their stop losses. Since I've shared, I must follow through to the end! This morning, I opened a long position on Bitcoin at around 105,800, reduced my position at 107,300, further reduced at 108,200, and now I've adjusted to break even. Currently, I have closed all positions and hold no long positions in Bitcoin.
For Ethereum, I suggested entering long around 3,940, with an average entry price around 3,960. I reduced my position once at 4,030, and then exited at break-even during the evening pullback. Currently, I have exited all long positions in Ethereum this morning.
This morning, I didn't enter any long positions in Ethereum, but in the evening, I entered long at 3,980 and added more at 3,930. Currently, those long positions are held with a stop loss set at 3,900, with an average entry price of 3,950. I'm using a 50-point stop loss to aim for profits of 150 to 200, or even 250 points. In this bull market, I'm willing to try going long!
Zhong Liang mentions that there's a risk of stop loss on this Ethereum long position from the night. The market is behaving this way, and to be honest, there's not much reference to rely on. Those who directly went long this morning have made profits, while shorts have only recently started to break even after the pullback. It's normal for the market to fluctuate, and I don't understand why those who go long feel the need to mock those who go short, while shorts act as if they are at odds with longs. It's really unnecessary!
Most of the time, both longs and shorts have opportunities to profit; the key is whether you act at the right time! I have already made profits on my intraday long positions, so naturally, I missed the shorts! Right now, it's a potential short trap or a proper pullback, which requires time to observe. Therefore, after exiting my longs this morning, I'll temporarily remain on the sidelines! The long positions from the evening carry a risk of stop loss because the optimal entry point has been missed, but as long as the stop loss is set properly and the position is managed well, I believe there won't be too many issues!