Admit mistakes when they happen and make adjustments when necessary. The previous day's bearish trend encountered issues, resulting in a loss of over 140,000 USDT in the account portfolio. There's nothing to argue about; the market has spoken.



However, I want to clarify that this does not mean I have changed my judgment on the subsequent market trend. Currently, I still maintain a bearish stance on ETH, and I am still holding short positions. I believe that a rally above 3400 is unlikely to be sustained—even if some say I am eating my words, my stop-loss line was set at 3380, and that logic remains unchanged. As long as it cannot break through, a pullback is just a matter of time.

At the moment, ETH is around 3330, and my short position was opened at 3325 with 100x leverage, accounting for 70% of my position. To be honest, this is aggressive, but I am trading on an ultra-short cycle. My target range is 3305-3280, at which point I will reduce or close my position, and I won't hold on stubbornly. If it’s a medium to long-term setup, then patience is required. My personal target zones are around 3150, 3000, or even near 2800.

The market's rule is that rises won't go on forever, and falls won't be bottomless. I stick to my judgment logic—if I am wrong, I will admit and adjust, but I will never turn around to chase longs. This is not a game of probability, nor is it about fighting the market. Human greed often turns small mistakes into big pitfalls. What if this time is truly a carefully orchestrated trap to lure buyers? I choose to stand firm.

Additionally, I mainly use this account to share ideas and review trades; actual trading funds are allocated elsewhere. The trading records shared earlier are historical data; everyone should treat them rationally. The losses from yesterday have been made up, as the profit settlement promised to partners needs to be handled in accordance with the established rules all at once.
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CoinBasedThinkingvip
· 5h ago
140,000 is gone, but it's not a big deal; the key is not to lose sight of the logic. --- 100x leverage moves 70% of the position; that kind of courage is indeed impressive. --- Wait, in other words, is this still a gamble that this wave is just a trap? --- I admit to the loss, I respect that; I'm just worried about really chasing after the gains in the end. --- See you at 3280, but will this time be another "correction is just a matter of time"? --- Those who dare to go all-in on short positions like this either have a big vision or truly trust their judgment. --- The partner's settlement process probably took a lot of effort. --- Holding onto the stance sounds good, but the recent surge of the second coin does look quite fierce. --- The problem is, historical data and real trading are two different things. --- Playing ultra-short with 100x leverage—that's basically fighting against the market.
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ForkMongervip
· 5h ago
yo the governance exploit playbook writes itself doesn't it... 14k loss but the logic stays intact, respect the conviction ngl. most traders flip narratives faster than protocol forks but this is different energy. 100x on conviction that reads more like a stress test than a trade tbh.
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ContractBugHuntervip
· 6h ago
Stop loss is just that, no need to say more. If the market doesn't give face, everyone has to accept it. ——— 100x 70% this courage is incredible, still dare to talk about ultra-short cycles? ——— Good attitude in admitting mistakes, but if you really take 3150 as the target, how long will you wait? ——— 140,000 just consider it as tuition fee, this market is just like that. ——— Whether it's诱多 or not, I just don't dare to go all-in with you anymore. ——— Wait, you said actual funds are allocated separately, so are the orders on this account basically just a demonstration? ——— Sticking to logic is fine, but I'm worried the logic itself might be flawed. ——— Turning around to chase longs, I agree, but holding on stubbornly now might not be right either. ——— 2800? Dreaming or really seeing it that low? ——— Admitting mistakes is good, better than those who shift blame.
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