Brother Weng, I am in a predicament. The 1700U contract now has 500U remaining, and there is -300U unsettled. Should I cut my losses? It feels like it's still dropping.

December 10, 2024 08:00-12:00
Hello, brothers and sisters. Here is a work report:
Wealth is accumulated bit by bit, please abandon the fantasy of getting rich overnight.
The structural system issued an overall warning for counterfeit goods on November 28, inducing long positions, selling at highs, and not allowing chasing high reminders. But by then, the market entry sentiment was already out of control. I believe those who did not pay attention to my short messages, or did not listen to advice, bought at high positions and will inevitably get stuck this time.
What to do next? Come to Brother Wen for help to get you back on track!
Brother Wen reminds you again, recently offering free guidance to 10 people on the structural system and providing structural orders for free. Don't incur losses anymore, don't act impulsively on contracts, come here to learn how to build a trading system while making free trades.

Overall thinking:
Currently, the market and Ethereum weekly structures have disappeared, monthly structures are complete, high-level volatile market, significant selling pressure above, small support below, greater risk of spikes up and down, contracts are very difficult to handle, it is recommended to avoid contracts at this position.
The overall counterfeit structure has been halved, following the market to start fluctuating,
The longer the fluctuation, the more trapped positions, reminding again not to chase high prices!
At the current position, apart from structural orders, it's recommended to reduce positions at highs and secure profits.
In terms of overall operations, high-level fluctuations, focusing on spot trading, structural orders can continue to look at the first and second take-profit positions due to the weekly and monthly structures being in place.

The fifth phase of structural orders has been filtered out, and will be launched at the right time.

Market overall summary: High-level volatile market
4-hour price tests daily support for the second time, structure shows that the market has small selling pressure at 100000, 104000, and 110000, high-level volatile cycle, daily and weekly support continues to be effective.
Market weekly structure: Weekly structure has disappeared, waiting for structure to appear
Market monthly structure: Monthly structure is complete

Ethereum overall summary: High-level volatile market
4-hour price tests daily support for the first time, structure shows that Ethereum has significant selling pressure at 4300 and 4500, in a high-level volatile market.
Ethereum weekly structure: Weekly structure has disappeared, waiting for structure to appear
Ethereum monthly structure: Monthly structure is complete

Overall structure of altcoins: Waiting for new structural orders to enter
Monitoring range: 330 altcoins on Binance
Comparison of yesterday's and today's structures:
Weekly structure: 286/50 Quantity halved
Monthly structure: 270/80 Quantity halved
Weekly and monthly structure: 251/45 Quantity halved

Recently providing free help to 10 people to build a trading system, those in need please refer to the thank-you letter for details.

⚠️ Attention! All issued orders are personal experiences, not investment advice, trading carries risks, and entry should be cautious.