#ETH Did you bet correctly on Trump's line yesterday? Which direction should we go today?

🖥️Yesterday's Market Analysis

Last night around 7 PM, following Trump's tweet, the market responded with a sharp rise, catching short sellers off guard. In such news-driven situations, all technical indicators become invalid. My short position was executed at 2118 when Trump made his move, and I added to my position at 2180. I exited with a small profit this morning.

Today, I want to discuss position management with everyone. I repeatedly emphasize the importance of position management because, for a good trading system, managing your position size is crucial. The initial position should only account for 1%-2% of your total capital. If there is no ongoing buying pressure or a sudden plunge, look for suitable levels to add to your position. Average your entry price and wait for a pullback.

🚘 Today's Strategy

Short Positions:
Entry Points: 2198-2208
Stop Loss: 2138
Take Profit: Exit half near 2138 (keep the rest in breakeven mode)

Long Positions:
Entry Points: 2023-2033
Stop Loss: 2008
Take Profit: Exit half near 2122 (keep the rest in breakeven mode)

🪶 A daily reminder: The bearish trend has not changed. In sentiment-driven markets, technical indicators cannot do much either. As long as you keep your positions light and use stop-losses, this market is about who can survive until the end.

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