Currently, the official ceasefire duration is stated as five days, and negotiations are also expected to conclude within this five-day period.
During yesterday's livestream, I also mentioned that Ethereum 2066 was identified as a false support level. Seeing the uptrend structure break below 2066, there could be a group of people shorting aggressively. The livestream summary indicated that the 2000 round number is the key defense level, and shorting aggressively is not advisable. Assuming this group of aggressive shorters didn't close their positions in time, they're currently holding losing positions at 2140.
For the short positions above 2315, our target take-profit level was 2031, which we ultimately reached. However, in between, I wanted to perform swing trading (with 2150 stop-loss) and re-enter the short, but it got disrupted by Trump's announcement. Overall, the gains were decent, just slightly unfortunate due to the missed opportunity.
You must have patience. Although my trading style is relatively slow, it's essential to understand the main distinction from retail traders. Those who can't resist opening positions every day, who love day trading, and are driven by the market's gambling nature end up opening positions carelessly when no trend is present, but when the real move comes, others are making money while retail traders are still holding losing positions hoping for recovery.
Currently, the official ceasefire duration is stated as five days, and negotiations are also expected to conclude within this five-day period.
During yesterday's livestream, I also mentioned that Ethereum 2066 was identified as a false support level. Seeing the uptrend structure break below 2066, there could be a group of people shorting aggressively. The livestream summary indicated that the 2000 round number is the key defense level, and shorting aggressively is not advisable. Assuming this group of aggressive shorters didn't close their positions in time, they're currently holding losing positions at 2140.
For the short positions above 2315, our target take-profit level was 2031, which we ultimately reached. However, in between, I wanted to perform swing trading (with 2150 stop-loss) and re-enter the short, but it got disrupted by Trump's announcement. Overall, the gains were decent, just slightly unfortunate due to the missed opportunity.
You must have patience. Although my trading style is relatively slow, it's essential to understand the main distinction from retail traders. Those who can't resist opening positions every day, who love day trading, and are driven by the market's gambling nature end up opening positions carelessly when no trend is present, but when the real move comes, others are making money while retail traders are still holding losing positions hoping for recovery.