ETH yesterday, Lao Bao gave a short position at 2255. After the market smoothly reached the first target at 2220, we prompted to reduce the position; the remaining positions were uniformly set with a breakeven stop loss at 2260$ETH

Since then, up to now, the price has basically been ranging and making small oscillations around 2255 to the lower side within the 2230 zone, and the breakeven stop loss at 2260 has never been triggered. The market also hasn’t continued to break below 2220 to go after the second target.

This situation is mainly because the weekend market liquidity is relatively low, so volatility naturally narrows, and it’s not a problem with the strategy and the price points. The overall thinking is completely fine, including moving the breakeven stop loss to 2260, which was also very accurate. With the premise of locking in the existing profits, allowing the remaining position to have a bigger risk-free game space is also the core logic behind trading operations.