Last night, Ethereum exited at break-even after being swept during a moving stop-loss. Although I am optimistic about a subsequent rebound, the current moment is not the optimal entry point. My strategy is: if there is no clear opportunity, stay on the sidelines; wait for a decrease in volume and a retest before taking action.



In comparison, SOL is already showing signs of fatigue near the resistance level. The weekly chart indeed suggests a potential rebound, but the same logic applies—wait for a low-volume retest before acting, which will help maintain a more stable mindset.

As for BCH, I hadn’t paid special attention before; I only checked after seeing the discussion buzz in the forum. The weekly chart is near a strong resistance, while both the daily and 4-hour charts show divergence, with the daily still showing signs of distribution. The risk-reward ratio for a short position is relatively appropriate. Although there are no absolute right or wrong decisions before opening a position, only probabilities, so with proper stop-loss placement and sufficient trading logic, daring attempts are not a problem.

Returning to yesterday’s stop-loss sweep event—ETH and SOL both quickly surged after being swept; I could only kick myself. After reviewing, I found that the stop-loss was not set incorrectly; the problem was that it was placed too close. Ultimately, it was due to irrational stop-loss placement driven by the desire to preserve capital. The market always offers the next opportunity; one should not be misled into chasing immediately after being stopped out, as that becomes an emotional trade. Emotional trading, regardless of profit or loss, is always wrong.

The key lesson is: opening a position must be supported by sufficient reasons that meet multiple conditions. Remind yourself.
ETH-0.41%
SOL-0.54%
BCH-3.99%
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FastLeavervip
· 14h ago
Got swept again, brother, I understand this feeling. Placing stop-loss too close is like suicide; the market loves to eat these kinds of orders. Getting out with a profit is also good, better than being wiped out. But this lesson was worth it; next time, waiting for a volume contraction and retest before entering is definitely more stable. I have no objection to shorting BCH, just don't let emotions take over, and make sure to stick to the stop-loss.
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Blockwatcher9000vip
· 14h ago
I totally understand the issue of stop-loss being wiped out, I almost smashed my computer screen.
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GasGoblinvip
· 14h ago
Setting your stop-loss too tight is really just asking for trouble; when the rebound comes, you'll have to take the loss.
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