Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, the performance of Ethereum, Bitcoin, and SOL has been worth paying attention to. From the perspective of small-scale trading, an initial investment of 1000 yuan has already yielded a profit of 300 yuan, and this steady growth pace is quite interesting. More importantly, the closed positions maintain a perfect record, and there have been no losses so far.
The current position strategy is very clear: maintain long positions in Ethereum and Bitcoin, and also be in a bullish setup for SOL. As for those high-risk small coins, although they occasionally make quick profits, I plan to gradually reduce such operations starting this year, as the risk-reward ratio is not very favorable.
On the technical side, Thursday is a key point in time. We need to see how Bitcoin moves. If the leverage is too high, it’s recommended to close long positions before Friday, because the risk of market decline definitely exists. Recently, many market makers have been using a tactic of mild upward movement at the beginning of the month for a week, creating the illusion of a small bull market, only to suddenly turn around and trap those chasing highs at the top. We should be cautious of this kind of fake move.
Therefore, the current approach is to use low leverage for long positions, and not to add positions until reaching key support or resistance levels. Patience is needed to wait for clearer signals before taking action, so as to participate in the upward trend while keeping risks within a reasonable range.