At 3:00 AM on December 11th, a potentially rollercoaster ride for your account is about to unfold.

The Federal Reserve is about to announce its interest rate decision, followed by a press conference from Powell. We've all seen the market's recent behavior — frequent injections of volatility, with bulls and bears tearing at each other at critical levels. The densely packed highlights on the liquidation heat map basically represent a bunch of chips waiting to be harvested.

The current market expectation is a 25 basis point cut, which is hardly a surprise. But the question is: Is there disagreement within the Fed about the rate cut? How will Powell frame his stance? What signals will that "dot plot" reveal? These details are the real triggers that could ignite a market explosion.

For friends trading contracts, now is not the time to bet on direction but to manage risk properly.

First, about taking profits — don’t be greedy. If your position already has good profits, consider scaling out in parts. For example, at your target price, close one-third or half of your position to lock in gains. What you do with the remaining position depends on the situation — if the trend is strong, let your profits run; if things look off, exit immediately.

Stop-loss is even more important. Set a reasonable stop-loss point and avoid wishful thinking. If the market suddenly reverses, you might not even have time to react, and your account could be wiped out instantly.

Another crucial point: pay close attention to every word Powell says. If he signals a hawkish stance, market expectations will adjust immediately, and prices could plummet; if he leans dovish, it’s a different story altogether. Cryptocurrencies like ETH are highly sensitive to macro policies — even slight movements can trigger big green or red candles.

Tonight is bound to be turbulent. Stay calm, follow your plan, and don’t let emotions cause your hands to move randomly. True experts survive by strictly executing their risk management strategies.