
Tai Bai|Jun 23, 2025 13:24
The lines and points drawn are not important. They are all subjective assumptions. The key still depends on the price movement
For example, someone who is long on ETH at 2500 subjectively believes that they want to reach their profit taking target of 2800. During this period, they have been floating profits, but when the price reaches 2700, a bearish structure with a large bearish candlestick appears. The subsequent rebound is becoming weaker and weaker. But it hasn't reached the cost price yet, and there's still a small profit to be made. Will he leave or not? Not leaving, then enduring losses, floating profits turning into floating losses, currently trapped.
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