During last weekend's sharp drop in Ethereum, I judged it to be oversold in the short term and decisively went long at the lows. Holding the position until now, my account has already gained $26,357.
For rebound opportunities after such crashes, timing is crucial. Liquidity is thin on weekends, so selloffs often overshoot, creating even more room for a rebound. But you have to manage your position size and not go all-in.
Recently, expectations for a Fed policy shift have been rising, and macro factors are still having a clear impact on sentiment in the crypto market. In the short term, I still expect a bullish recovery.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
10
Repost
Share
Comment
0/400
RugPullSurvivor
· 12-11 06:32
There's always a surprise after bottoming out
View OriginalReply0
BagHolderTillRetire
· 12-11 06:07
Is the principal still there? It's already been wiped out.
View OriginalReply0
BearMarketSurvivor
· 12-10 10:17
Bottom fishing comes with risks; proceed within your means.
View OriginalReply0
OffchainOracle
· 12-09 14:44
All the setups for bottom-fishing were correct.
View OriginalReply0
Degen4Breakfast
· 12-08 07:21
Weekends are for going all-in.
View OriginalReply0
PermabullPete
· 12-08 07:18
The faster your hands, the more you earn.
View OriginalReply0
ImpermanentLossEnjoyer
· 12-08 07:16
Making money by buying the dip is fast
View OriginalReply0
MetaMaximalist
· 12-08 07:08
Big orders are just bold and domineering
View OriginalReply0
PonziDetector
· 12-08 07:06
The interest rate cut expectations have not been confirmed yet.
View OriginalReply0
MonkeySeeMonkeyDo
· 12-08 06:59
Real experts gain true knowledge through actual practice
#美联储重启降息步伐 $ETH This weekend's dip buying was really sweet
During last weekend's sharp drop in Ethereum, I judged it to be oversold in the short term and decisively went long at the lows. Holding the position until now, my account has already gained $26,357.
For rebound opportunities after such crashes, timing is crucial. Liquidity is thin on weekends, so selloffs often overshoot, creating even more room for a rebound. But you have to manage your position size and not go all-in.
Recently, expectations for a Fed policy shift have been rising, and macro factors are still having a clear impact on sentiment in the crypto market. In the short term, I still expect a bullish recovery.