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$ETH
Closing the first position of the Little Ta Contract with profit
Entry point: 2180
Exit point: 2195
Within the day, Ethereum experienced a major decline and continuous downward trend due to technical retracement combined with news catalysts, dropping all the way to a strong support level at 2180, which was also confirmed as a consensus bearish point. However, I believe the upward trend and structure of the ETF have not been broken, so I took a small position (3% of the account, 100% leverage) to go long, and it was also smoothly closed with profit. Although I am bullish on the medium term, I think the short-term retracement has not ended; I continue to be bearish, expecting a bottom around 2000 with a W-shaped oscillation to move higher, then reversing and falling all the way down around 2600/2700. Every time I open a position, I share my holdings on the forum; if you disagree, you can also see me as a contrarian, providing you with some fuel, haha.
Meanwhile, my copy trading has been activated. I suggest starting with less than 50 USD to test the waters; if you think my position management and returns are decent, then consider increasing your investment.
Thank you for reading!