Thursday's market was quite interesting. Bitcoin surged to 88594 in the evening, then started to face resistance, and afterward fluctuated around the 88000 level, with no clear trend opportunity. Ethereum performed even weaker, beginning to decline in the afternoon, dropping from 2969 down to around 2947, showing a generally weak pattern.
Today's trading results were quite good, accurately capturing two opportunities. The short position yielded a profit of 1700 points, ultimately locking in a gain of 10200 dollars. In this kind of market, the key is to control risk, focus on clear support and resistance levels, rather than blindly chasing highs.
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BridgeNomad
· 33m ago
ngl, the 88k resistance on btc looking sus... seen this exact liquidity trap play out before. eth dumping harder tho, classic alt bleeding scenario. anyway, solid risk management call on locking those gains instead of getting liquidated like the rest of us degenerates
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DegenDreamer
· 15h ago
88000 that tug-of-war is really annoying, no opportunities at all
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10200 profit is pretty good, but Ethereum is still weak
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Talking about controlling risk is easy, actual operation is the real test
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Another day of making money with short positions, envy those who are precise
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This kind of market actually tests your mentality the most, tugging until you're numb
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Support and resistance levels are so accurately set? You’ve got skills
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Ethereum dropped from 2969 to 2947, the trend really isn’t interesting
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10200 profit, no hype or black, a steady approach to earning
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Bitcoin at 88000 keeps fluctuating, just waiting for it to make a decision
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CryptoPhoenix
· 15h ago
Wait, is the 88,000 line becoming the "death line" again? Oh my god, it’s always like this, I always feel that a breakthrough is just around the corner [bitter smile]
Stably pocketing 10,200 is the right way, while others go all-in with full positions, we just take this small but certain profit. Really, after experiencing so many cut-offs, what I fear the most now is greed.
ETH is so weak... Maybe I should wait until the bottom range to talk about it, enough, enough.
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DeFiCaffeinator
· 15h ago
That 88,000 line is really a constant torment; this kind of tug-of-war market tests patience the most.
Taking profits directly at 1700 points on the short side is the right move—thumbs up.
ETH's recent weakness, if it doesn't hold at 2947, becomes a bit risky; we need to see where the next support is.
Controlling risk is truly the prerequisite for making money; otherwise, even the most precise entry points are useless.
Above 88,594 is the ceiling; if it can't break through, don't force a long position—staying alive is the most important right now.
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HodlVeteran
· 15h ago
Ha, it's another day of tug-of-war, and as a seasoned trader, I'm almost tired of it.
This market is just like an afternoon in 2018, unclear about what it wants to do, and I definitely don't dare to go all-in.
10200 dollars, everyone new traders pay attention, this is what you call steady profit, not chasing highs and losing money every day.
With Ethereum's performance, I can almost smell the feeling of being trapped...
Support and resistance levels are tightly locked, much more reliable than those altcoins I hold that are deeply trapped.
Thursday's market was quite interesting. Bitcoin surged to 88594 in the evening, then started to face resistance, and afterward fluctuated around the 88000 level, with no clear trend opportunity. Ethereum performed even weaker, beginning to decline in the afternoon, dropping from 2969 down to around 2947, showing a generally weak pattern.
Today's trading results were quite good, accurately capturing two opportunities. The short position yielded a profit of 1700 points, ultimately locking in a gain of 10200 dollars. In this kind of market, the key is to control risk, focus on clear support and resistance levels, rather than blindly chasing highs.