I spent the entire day yesterday observing Ethereum's performance. The market was oscillating above the cost basis but unable to break through. In the early morning, Trump's speech was vague, and the market reaction was flat. Additionally, the price found strong support at the 2950 level, showing clear signs of market protection.



After weighing the options, I chose to exit with a small loss and promptly hit the stop-loss. Although this decision involved taking a loss, fighting against the trend is a major trading taboo. The loss from this wave was approximately over $1,000.

Immediately after exiting, I adjusted my strategy to a bullish setup. The current goal is to see if we can break through this key level at 3000. If we can hold steady, I plan to set target profit points and exit accordingly. Sometimes, recognizing the trend and being flexible with stop-losses can help you survive longer.
ETH0,31%
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BlockchainArchaeologistvip
· 11h ago
Having the courage to cut losses is more of a psychological test than holding on stubbornly. Losing 1000 dollars is painful, but at least you're still alive. The key is whether the 3000 can hold. This bullish setup is interesting.
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AirdropFreedomvip
· 11h ago
Cutting losses of a thousand dollars, with 2950 holding strongly, we still have to respect the market. Whether 3000 breaks or not is another matter; bulls should first observe the layout.
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GateUser-4745f9cevip
· 11h ago
A decisive stop-loss is much better than stubbornly holding on; only by staying alive can you continue to earn.
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TokenAlchemistvip
· 11h ago
nah the real move here is recognizing when the market's just eating your lunch... 2950 support holding that tight? classic distribution pattern tbh. that 1k loss sting but way better than watching it cascade down another 500 points lol
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