I saw that the unrealized profit from the hedge position was close to 3000 this morning. At that moment, I did feel a bit excited, but then I immediately fell into a sense of helplessness — there’s still quite a gap from a truly "decent profit." I believe many friends have also experienced this feeling: the account numbers are fluctuating, but the mindset is sinking. Recently, ETH’s performance has amplified this sensation several times over.
Today, I decided not to make any moves and just want to talk with everyone about what’s really going on in the market lately. Last night, after ETH surged to around 3300, it suddenly plummeted, crashing down to 3180. It looked quite dramatic, but if you dig into the data carefully, you'll find that compared to the daytime low of 3230, the actual decline was only about 50 points. Currently, the price is bouncing back and forth between 3180 and 3280. The hourly trading volume has been shrinking, and the candlestick wicks are so long they could be woven into fabric — a typical high-level digestion pattern.
In such a market, chasing longs is easily suppressed, and shorting can be easily reversed by a quick rebound. To put it plainly, it’s "making a little money depends on luck, and losing is the norm." Honestly, the smartest thing to do right now is to control your hands.
I have to share a real incident — I almost got caught last night. I couldn’t resist and chased a short-term long position, but the market suddenly turned sharply downward, trapping me instantly. I was so scared I quickly cut my losses. I almost gave back all the profits I had accumulated earlier. It was a close call, but it served as a heavy reminder: during this pre-holiday period, funds really shouldn’t be casually held in the market.
This also raises a core issue with hedging strategies. Many people, including myself, like to use hedging to reduce risk, but the key is to understand when to hedge and when to rest. Given the current frustrating market, instead of frequent trading, it’s better to observe quietly and wait for clearer signals. Sometimes, doing nothing is the best choice.
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BTCBeliefStation
· 5h ago
Really, this kind of market condition is a test of mentality. If you're not careful, you'll lose everything.
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Floating profit of 3000 still causing hesitation. I understand that feeling—greed is the enemy.
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Stop-loss and exit this round of operation saved you. Many people aren't so lucky.
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Making small money with luck and losing big money—this hits too close to home.
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You should rest before the holiday. Why keep messing around?
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The core of a hedging strategy is actually two words—restraint.
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The range between 3180 and 3280 keeps pulling back and forth. Forget it, I won't play with it.
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The smartest trading is often no trading at all. Simple but hard to do.
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Seeing your experience last night, I’m glad I didn’t chase that short-term long.
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In this market situation, doing nothing is actually the clearest choice.
View OriginalReply0
ContractTester
· 9h ago
Chasing orders is really a poison, I almost jumped in during that wave last night
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Still showing a floating profit of 3000? I directly gave back half yesterday, now I just want to lie flat
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The market before the holiday is just a trap, not trading is truly a winner's mentality
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Hedging, to put it simply, is betting on both sides. There's nowhere to place bets in this market
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Controlling your hands is really difficult, especially when watching the K-line flash
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ETH dragging on like this, I might as well take a break, stop watching everything
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Upper shadow weaving, haha, perfectly described—it's just eroding human nature
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Floating profit of 3000? I wonder what size position is needed to call it "a little excitement"
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I've heard "wait and see" too many times, but the key is still unable to stop the urge to trade
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Forcing funds into the market = blatantly seeking death, especially deadly before the holiday
View OriginalReply0
CrossChainBreather
· 01-07 11:57
A profit of 3000 makes me excited, but I think you need to adjust your mindset haha
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This market is really testing human nature, honestly, I almost got fooled too
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Controlling your hands is really the hardest part, easy to say
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Hedging or not still depends on the market situation, who dares to hold heavy positions with ETH looking like this
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Don't mess around during this pre-holiday period, rest well and wait for signals
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Me too, that rebound last night woke me up in shock, almost took a big fall
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Upper shadow weaving haha, perfectly described, you can tell at a glance it's bottoming out
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A 50-point drop looks big but isn't really, just a shakeout game
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It's better to sleep than to trade frequently, anyway you can't make money and it wastes mental energy
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Knowing when to rest versus when to move truly tests a person, really
View OriginalReply0
BearMarketMonk
· 01-07 11:51
A floating profit of 3000 yuan makes you excited, which shows your mental preparation is still insufficient... This is the market's favorite game.
Cutting losses and exiting saved your life, but next time, can you really control your hand?
In a frustrating market, the hardest part is not judging the direction, but resisting the urge to act — unfortunately, most people can't learn to do that.
View OriginalReply0
FOMOSapien
· 01-07 11:43
The moment I cut my losses and exited, I knew you had understood. This market trend is here to teach people how to behave.
View OriginalReply0
NFTBlackHole
· 01-07 11:41
Really, I understand this feeling of being trapped so well. Watching the numbers fluctuate but feeling powerless to do anything, it's so frustrating.
View OriginalReply0
BlindBoxVictim
· 01-07 11:33
The 3000 floating profit is still there, what a hassle. I've already given it back on my side, I really can't keep my composure.
I understood at the moment of stop-loss that it's better to wait for a signal rather than fight for a rebound.
This market is just torturous. Doing nothing is the right move.
I saw that the unrealized profit from the hedge position was close to 3000 this morning. At that moment, I did feel a bit excited, but then I immediately fell into a sense of helplessness — there’s still quite a gap from a truly "decent profit." I believe many friends have also experienced this feeling: the account numbers are fluctuating, but the mindset is sinking. Recently, ETH’s performance has amplified this sensation several times over.
Today, I decided not to make any moves and just want to talk with everyone about what’s really going on in the market lately. Last night, after ETH surged to around 3300, it suddenly plummeted, crashing down to 3180. It looked quite dramatic, but if you dig into the data carefully, you'll find that compared to the daytime low of 3230, the actual decline was only about 50 points. Currently, the price is bouncing back and forth between 3180 and 3280. The hourly trading volume has been shrinking, and the candlestick wicks are so long they could be woven into fabric — a typical high-level digestion pattern.
In such a market, chasing longs is easily suppressed, and shorting can be easily reversed by a quick rebound. To put it plainly, it’s "making a little money depends on luck, and losing is the norm." Honestly, the smartest thing to do right now is to control your hands.
I have to share a real incident — I almost got caught last night. I couldn’t resist and chased a short-term long position, but the market suddenly turned sharply downward, trapping me instantly. I was so scared I quickly cut my losses. I almost gave back all the profits I had accumulated earlier. It was a close call, but it served as a heavy reminder: during this pre-holiday period, funds really shouldn’t be casually held in the market.
This also raises a core issue with hedging strategies. Many people, including myself, like to use hedging to reduce risk, but the key is to understand when to hedge and when to rest. Given the current frustrating market, instead of frequent trading, it’s better to observe quietly and wait for clearer signals. Sometimes, doing nothing is the best choice.