ETH has been empty for a few days, and when I looked this morning: +67.14%, it has soared.
Yesterday I saw Bitcoin plunge in the middle of the night, and ETH followed. I opened a 125x short position on Gate in advance. I originally intended to hedge, but didn't expect it to soar directly.
A few experiences to share:
1️⃣ If you don't understand the trend, look at the sentiment. A few days ago, ETH surged too fast while the volume couldn't keep up, which instead signaled a sell-off.
2️⃣ Gate Contracts are really handy Order placement is smooth, take profit and stop loss can be done with one click, the interface is clean and refreshing, It's easy for beginners to get started, and there's no need to worry about slippage and sudden price drops.
3️⃣ 125x is not scary, it's about maintaining stable positions. I only used 20% of my position, with a stop loss, taking opportunities without risking my life.
Now? I have been watching for the rebound point. Going long is the way to go; flipping positions is faster than turning a page.
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ETH has been empty for a few days, and when I looked this morning: +67.14%, it has soared.
Yesterday I saw Bitcoin plunge in the middle of the night, and ETH followed.
I opened a 125x short position on Gate in advance.
I originally intended to hedge, but didn't expect it to soar directly.
A few experiences to share:
1️⃣ If you don't understand the trend, look at the sentiment.
A few days ago, ETH surged too fast while the volume couldn't keep up, which instead signaled a sell-off.
2️⃣ Gate Contracts are really handy
Order placement is smooth, take profit and stop loss can be done with one click, the interface is clean and refreshing,
It's easy for beginners to get started, and there's no need to worry about slippage and sudden price drops.
3️⃣ 125x is not scary, it's about maintaining stable positions.
I only used 20% of my position, with a stop loss, taking opportunities without risking my life.
Now? I have been watching for the rebound point.
Going long is the way to go; flipping positions is faster than turning a page.
@GateFutures @Gate_zh
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