Position one is basically in line with the entry, but currently the rebound is relatively weak. If you're considering protecting your principal, you can set a defensive take profit, which means you can break even on losses, and then continue to re-enter at position two. If the position one order can smoothly reach the initial take profit level, then set take profits in batches according to each take profit level. If you're trading short-term, you can consider ending at any time. Currently, ETH is relatively weak, while BTC is somewhat better. However, in this entry position where the conditions are acceptable, we are relatively more proactive, because most of the time we are in floating profit, just need to consider the situation of profit giving back which could turn unfavorable. Later, based on the situation of the U.S. stock market, we will also need to consider comprehensively.
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BTC.ETH Strategy Follow-up Reminder: →♥
Position one is basically in line with the entry, but currently the rebound is relatively weak. If you're considering protecting your principal, you can set a defensive take profit, which means you can break even on losses, and then continue to re-enter at position two. If the position one order can smoothly reach the initial take profit level, then set take profits in batches according to each take profit level. If you're trading short-term, you can consider ending at any time. Currently, ETH is relatively weak, while BTC is somewhat better. However, in this entry position where the conditions are acceptable, we are relatively more proactive, because most of the time we are in floating profit, just need to consider the situation of profit giving back which could turn unfavorable. Later, based on the situation of the U.S. stock market, we will also need to consider comprehensively.