Before the final result comes out tonight, the market will fluctuate violently, so everyone must be mentally prepared.
Before writing the article, Ethereum once rushed to 3948, and then pulled back to above 3700 in just a few minutes.
I saw that my friend opened a short position at around 3820, but the market kept rising, and he stopped loss at 3900 and left the market.
Now he opened a long position at 3800. If it doesn't pass, he will probably stop loss again.
I looked at his orders in the past few days, and almost all of them were losses. However, others are the first generation of rich people, and they just play around with hundreds of funds. It doesn't matter for us ordinary people.
It is expected that the market will fluctuate more violently in the next 12 hours, so try not to open contracts.
Short-term positions are vacant, and long-term positions are maintained.
Today, a new fan showed me his order, which opened a high-multiple short position at 3200. Now he is holding it, and the position has been blown up at 3900.
Now he is probably sad, and this kind of order is actually very difficult to deal with.
Any contract order must set a stop loss position.
Otherwise, you will only face a liquidation.
Tonight is destined to be a sleepless night in the cryptocurrency circle, and many friends will probably stay up late waiting for news.
In fact, after the news comes out, you can know the content of the news by looking at the rise and fall of the market.
Remember, if it does not pass, don’t panic, the fall may be our last chance to enter the market;
If it passes, we will wait for the opportunity to get on the right side. After all, Ethereum is going to reach 9,000, and the difference between buying at 4,000 or 5,000 is not very big.
Come on, people in the cryptocurrency circle,
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Let’s go through the bull and bear markets together and see through the world of cryptocurrency.