[Market Analysis]



The recent market situation has not been good, and I've been hitting stop losses. This month, I've already retraced nearly 30% of my position. 😭 I've adjusted my mindset and will take it slow.

Currently, we are waiting for a small trend. The reason for continuously trying to go long is this. The target is $eth tp 4200 4700. The four-hour upward rebound from the last two days (since it was broken down today, it can't be called a reversal) gave hope, and I added to the position twice with floating profits. This afternoon, I hit the stop-loss and exited quickly. I expect to consider re-entering when $sol stands above 188, and to test positions when $eth stands above 3900.

Stop-loss on both sides is a necessary loss to catch the trend. No one can enter directly every time when it is a trend. Testing the position to confirm floating profits, adding positions when expectations are met, and reducing positions is a reasonable trend strategy.
ETH1,12%
SOL0,69%
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