When the entire market was bearish, I advised you to stay confident in your long positions, even daring to enter at the current price at the start of this upward wave. The subsequent market trend basically validated this judgment, leaving no opportunity for a pullback to get on board.
Now the price has already touched a key resistance level, and many are again promoting the continuation of the bull market and calling for more longs. My advice is to take profits now. This is not pessimism about the future market; according to my expected rhythm, ETH could theoretically reach around 3650 in this cycle. But the key point is—since the current target has been achieved, it’s time to lock in profits and consider further positioning in the next phase.
Many traders have a common flaw: they always want to maximize their gains in one wave. When taking profits, they tend to aim for that absolute high point. But think about it—trading is really about structure and ranges, not about hitting exact points.
For example, now the price has reached 3220, approaching resistance, and the candlestick still shows an upper shadow—yet some are still debating why not wait until 3240. The problem is, reaching 3240 could happen the next day, or it might consolidate for several days, or it might not be touched at all. To earn 20 points by risking a full profit retracement is simply not worth it.
The smarter approach is: decisively take profits at key resistance levels. If the price later pulls back without breaking the structure, you can re-enter for a second wave. Conversely, if it breaks through resistance, wait for a pullback to get in again—once resistance turns into support, your stop-loss setup becomes much easier.
Ultimately, trading is about discipline and understanding of structure, not greedily trying to earn a few extra points.
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SelfRugger
· 01-06 15:32
Are these 20 points really worth risking the entire market move? I've fallen for this trap before.
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PumpStrategist
· 01-06 03:25
This is exactly what I have been emphasizing: risking the entire profit for 20 points, a typical rookie mentality.
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3220 should be cut, insisting on waiting for 3240 is just gambling; you can't beat probability.
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The pattern has already formed, it's time to run. Greed is the biggest killer in trading.
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I've seen too many people get stuck at those few points, and in the end, they all dump everything in a single drop limit.
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Structure is a hundred times more important than specific levels, but 99% of people simply can't understand that.
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If you're still shouting to go long, it's truly a sign that market sentiment is overheated.
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Set your stop-loss properly, and take profits even more ruthlessly—that's the secret to longevity.
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Turning resistance into support, this move was executed well with attention to detail, much more reliable than most self-media outlets.
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I've already exited; let others chase that illusory 3240.
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Honestly, those who understand structure won't get caught up in a few points; rhythm is king.
View OriginalReply0
GateUser-a606bf0c
· 01-05 18:30
Exactly right. I've done many things like greedily chasing that 20% and ending up stuck with thousands of dollars. Now I've truly realized.
View OriginalReply0
AirdropHunterZhang
· 01-05 05:57
This is what I've been emphasizing all along: chasing that 20% profit is really brainless. Take profits when it's good, and keep going all-in on the next wave. That's the way to quietly get rich.
View OriginalReply0
hodl_therapist
· 01-05 05:53
Taking profits is truly a sign of great wisdom; losing 200 points for a greed of just 20 points is a painful lesson.
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Structure > key levels, this sentence really hits home.
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The key resistance level should be sold, isn't it true that many keep getting their faces slapped?
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In simple terms, it's discipline. Without discipline, even the best strategy is useless.
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3220 should be sold decisively, I believe.
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Not leaving at the upper shadow moment is really overthinking; no matter how you tinker later, it's the result of greed.
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Agreed, instead of waiting for the absolute high point, it's better to lock in certain profits. The second entry opportunity is clearer.
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This round has a lot of educational significance; many are still debating why not wait for 3240... funny.
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A bull market also requires a profit-taking mindset; otherwise, it's no different from gambling.
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The logic of turning resistance into support is indeed clear, making stop-loss levels much easier.
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Rules are more reliable than luck, discipline earns more than greed.
View OriginalReply0
FunGibleTom
· 01-05 05:52
Oh no, it's that old problem of "feeling uncomfortable all over if you can't have the last bite" again. So true.
View OriginalReply0
MEV_Whisperer
· 01-05 05:42
There's nothing wrong with that, but greed kills people. I once held on for an extra 20 points and ended up forcing myself to give back half of the profit. Thinking about it now still makes me uncomfortable.
View OriginalReply0
governance_lurker
· 01-05 05:34
That's right, greed for those 20 points can really cause you to give back the gains of the entire market move.
View OriginalReply0
fomo_fighter
· 01-05 05:32
That's right, chasing that 20% gain isn't really worth it. I've fallen for this before—waiting for an absolute high and then reversing to incur losses, which is not cost-effective.
View OriginalReply0
AlphaWhisperer
· 01-05 05:28
That's right, chasing that 20 points isn't really worth it. I've been proven wrong about this so many times before. The key is that taking profits at the right level is indeed more stable.
When the entire market was bearish, I advised you to stay confident in your long positions, even daring to enter at the current price at the start of this upward wave. The subsequent market trend basically validated this judgment, leaving no opportunity for a pullback to get on board.
Now the price has already touched a key resistance level, and many are again promoting the continuation of the bull market and calling for more longs. My advice is to take profits now. This is not pessimism about the future market; according to my expected rhythm, ETH could theoretically reach around 3650 in this cycle. But the key point is—since the current target has been achieved, it’s time to lock in profits and consider further positioning in the next phase.
Many traders have a common flaw: they always want to maximize their gains in one wave. When taking profits, they tend to aim for that absolute high point. But think about it—trading is really about structure and ranges, not about hitting exact points.
For example, now the price has reached 3220, approaching resistance, and the candlestick still shows an upper shadow—yet some are still debating why not wait until 3240. The problem is, reaching 3240 could happen the next day, or it might consolidate for several days, or it might not be touched at all. To earn 20 points by risking a full profit retracement is simply not worth it.
The smarter approach is: decisively take profits at key resistance levels. If the price later pulls back without breaking the structure, you can re-enter for a second wave. Conversely, if it breaks through resistance, wait for a pullback to get in again—once resistance turns into support, your stop-loss setup becomes much easier.
Ultimately, trading is about discipline and understanding of structure, not greedily trying to earn a few extra points.