Last night I took a nap, and when I got up I checked the market data, and it's basically at this pace. To be honest, I have no confidence in how things will play out next, so I plan to continue waiting—giving the market about 4 more days, until the large Options delivery is completed on December 26, and then I will decide the next trading strategy based on the market conditions.
In the past few days, treat it as an intraday swing, going in and out quickly, and try not to overextend your outlook. The support below is around 890, and the resistance above is around 905. It feels like it hasn't been effectively tested with volume, always giving a sense of being a rootless tree.
By the way, what's going on with AAVE lately? Why is this trend so weak? Entered at the 158 position, and now it's being firmly held down.
Tonight, I will continue to talk about my experiences in crypto trading over the years, just consider it a story. I will try to recall all the details—whether it's during the times I made money or the moments I got slapped in the face, those were parts of my past self. I hope these experiences can help those watching avoid making some mistakes, and that would be worthwhile.
The truly useful trading experience ultimately comes from being repeatedly educated by the market.
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ShitcoinArbitrageur
· 12-22 14:51
Wait for the 26th Delivery to act? Clever, I also don't want to gamble on the fluctuations of these days.
AAVE is really ridiculous; I entered at 158 and it's still being held down tightly, it's frustrating.
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ThreeHornBlasts
· 12-22 14:49
Waiting for the delivery on the 26th, I have the same thought, anyway, there is indeed no certainty in the current market data.
AAVE is really amazing, it's no wonder that the mentality of those trapped people is not good.
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ApeWithNoChain
· 12-22 14:49
Let's talk again after the delivery of the 26th Options, the market data is indeed quite volatile right now.
With AAVE being held down so much, that 158 position is really uncomfortable.
The more times I get educated, the more I understand how bad I really am, haha.
Quick in and out is the right way, don't overthink it.
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StablecoinSkeptic
· 12-22 14:47
Delivery on the 26th? Brother, your confidence is impressive, I've long been educated to admit defeat.
AAVE's current state is truly something, feeling what it means to be locked in after buying at 158.
Quick in and out is indeed the best way, just don't think too much about it.
I'm actually interested in trading experiences, those anecdotes of being slapped in the face are the most real.
The range-bound between 890 and 905, I understand that sense of emptiness all too well.
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BuyTheTop
· 12-22 14:34
The range of 890-905 is really meaningless, it's all just floating around.
Let's wait for the delivery on the 26th to see the outcome, anyway, it won't move much in the next few days.
AAVE is truly amazing, as soon as I bought in, I started getting hit.
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POAPlectionist
· 12-22 14:30
Wait for the Delivery on the 26th? Brother, this move is quite steady.
AAVE is indeed outrageous, being Tied Up at 158 is really uncomfortable.
The experience gained from being battered by the market is the most valuable, I completely agree with that.
Quick in and out transactions sound easy, but it's really hard to hold on when doing it.
A tree without roots gives you this feeling, it's very empty.
Last night I took a nap, and when I got up I checked the market data, and it's basically at this pace. To be honest, I have no confidence in how things will play out next, so I plan to continue waiting—giving the market about 4 more days, until the large Options delivery is completed on December 26, and then I will decide the next trading strategy based on the market conditions.
In the past few days, treat it as an intraday swing, going in and out quickly, and try not to overextend your outlook. The support below is around 890, and the resistance above is around 905. It feels like it hasn't been effectively tested with volume, always giving a sense of being a rootless tree.
By the way, what's going on with AAVE lately? Why is this trend so weak? Entered at the 158 position, and now it's being firmly held down.
Tonight, I will continue to talk about my experiences in crypto trading over the years, just consider it a story. I will try to recall all the details—whether it's during the times I made money or the moments I got slapped in the face, those were parts of my past self. I hope these experiences can help those watching avoid making some mistakes, and that would be worthwhile.
The truly useful trading experience ultimately comes from being repeatedly educated by the market.