2026-01-05 07:23:46

I just broke out in a cold sweat. I was shorting Ethereum at 3180, and it shot straight up to 3220, just a step away from my stop-loss. As seen in the chart, the stop-loss was set at 3227, and I was really close to being taken out.

Why did I escape death? My trading rule is simple: when setting a stop-loss, never place it above the first resistance level, but instead step back one level to leave some buffer space. This time, I placed the stop-loss at a higher position above 3220. That way, even if it breaks through one resistance, there's a second line of defense. As long as it doesn't break through two resistance levels in a row, I can turn losses into profits or at least break even when it pulls back.

Currently, Ethereum's gains are quite substantial, and my take-profit strategy has been adjusted accordingly. I no longer rigidly hold onto the 3110 target but instead start to close positions in batches around 3150, with the remaining positions kept on hold. Overall, the profit opportunity has become quite satisfactory.

Regarding the next steps, I am shifting my focus to Bitcoin. The previous high near 94,500 is a good shorting position. Although I don't aim for large fluctuations, catching a retracement of 1000 to 2000 points shouldn't be a problem.

In addition to short-term opportunities, I will also deploy a medium- to long-term short position, which will have no take-profit set and will be held until the Federal Reserve meeting at the end of January. Bitcoin has recently started to show some movement, and while the rebound strength is still decent, I plan to build positions in mid-January in batches, using low leverage. Trading the volatility in the short term and holding the trend in the long term—that's the steady rhythm.

ETH-1,11%

BTC-0,61%

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MEVHunterZhang

· 01-08 01:07

Bro, your stop-loss is really tight, almost got you roasted. I need to learn this technique; a double defense line is indeed solid. Short-term short on volatility, long-term hold on the trend—sounds reliable. Shorting Bitcoin at 94,500, betting on a pullback—quite a bold move. Gradually building positions with low leverage—that's the rhythm we should follow, not those who blow up their accounts.

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PanicSeller

· 01-07 19:35

Damn, 3227 is really amazing, almost screwed up --- This wave of stop-loss settings is really clever, I need to learn the idea of double defense lines --- Fortunately, I wasn't eaten, or I would have to cut losses again --- Selling in batches at 3150? Your technique is solid, not greedy --- Switching to short Bitcoin, 94,500 is indeed a sniper point --- Holding a medium to long-term short position until the Federal Reserve's move at the end of January seems reliable; trend is king --- Short-term riding the waves, long-term riding the trend, this rhythm is on point --- Operating with low leverage is the secret to lasting longer; too many people ruin themselves with leverage --- The key is to stay alive, whether you have a lot of money or little doesn't matter --- Ethereum escaped a disaster, Bitcoin is about to take a hit again, haha

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NFT_Therapy

· 01-05 07:51

Feeling almost blown out is really uncomfortable, luckily the technique is solid, brother. --- I think the double-layer defense logic is reliable, but it's easy to be soft-hearted when executing. --- Batch closing is clever; don't wait for a wave of pullback to be all lost. --- Switching to Bitcoin too hastily, ETH's market hasn't been fully understood yet. --- Not setting take profit until the end of January? How brave do you have to be to do that? --- Low leverage operation is wise; the last time someone blew up on leverage, they were still complaining. --- Selling in batches at 3150? I feel like it can go a bit higher. --- This pullback was really just a little short, a bit of a scary feeling. --- The Federal Reserve meeting is so far away, there are many uncertainties in between, bro. --- The idea of two resistance levels is good; next time I'll try this rhythm too.

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MEVVictimAlliance

· 01-05 07:45

Damn, almost got liquidated. How strong must this heart be? Placing stop-loss at the second line of defense is indeed smart. Learned my lesson. I need to copy this trick of taking profits in batches, don’t be as greedy as me and get beaten back. I'm also watching this short position on Bitcoin, just worried that the Federal Reserve might cause some trouble again. Honestly, discipline is key; otherwise, the market would have already eaten me alive.

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ServantOfSatoshi

· 01-05 07:39

Oh my god, the 3227 line really saved my life. This guy's stop-loss logic is really reliable, double insurance is foolproof. Are the short positions still ongoing? I feel like this rebound isn't that simple. Scaling out gradually is the way to go; greed will get everyone killed. Shorting Bitcoin at 94,500? You really have some guts. Long-term holding with low leverage is indeed stable; it all depends on how the Federal Reserve makes its move. Catching both short-term fluctuations and mid-term trends at the same time, I like this rhythm. Scaling out at 3150, can Ethereum continue to explode in this wave?

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