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Ethereum's recent trend has been quite tantalizing. From the 1st to the 5th, I chose to stay on the sidelines and observe, mainly to understand the market rhythm. By the 6th, the situation became clearer, and I decided to go long on Ethereum with 2x leverage. Here’s an important principle to mention: always keep leverage below 30x. I tend to be more conservative myself.
The key is not setting a liquidation price. This may sound a bit risky, but in reality, it’s to avoid sudden black swan events—extreme volatility that can occur unexpectedly in the middle of the night and is impossible to fully prevent.
The target take-profit point for this trade is set at 3270. The most common mistake when going long is greed—either not taking profit or getting greedy after taking profit and chasing the position again. The correct approach is to take profit and roll over the position, ensuring profits are secured and capital is preserved for the next opportunity. The trends of BTC and BNB are also being monitored; trading multiple coins can better diversify risk.