Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Yesterday's 3120-3130 ambush opportunity has already been taken by some.
Ethereum has been rising steadily over the past two days, reaching a high of 3221. For traders who started positioning yesterday, they now hold an unrealized profit of nearly $100. This is not just a number; it’s a validation of patience and strategy.
But this is also the most vulnerable moment. Some traders start to get complacent, contemplating whether to chase higher or asking if it can reach 3500. These thoughts need to be stopped.
**What should you do now?**
Don’t be greedy. Immediately close half of your position to lock in profits. In simple terms, secure your gains. For the remaining half, move your stop-loss to 3180. The benefit of this approach is: if the market continues upward, you can participate in further gains; but if it pulls back, you’ve already locked in profits and won’t face losses when exiting.
**For those who haven't entered the market yet:**
Never chase at this high level. The 3221 price is an opportunity for those who dared to buy the dip yesterday to realize gains, not an entry point. Instead of rushing in, be patient and wait for the next clear signal.
The biggest enemy in trading is often not the market, but greed. Controlling your hands is more important than anything else.