On December 22nd at 8 PM, how would you rate the Ethereum long positions strategy?

Look at this market movement: the orders are scattered in the range of 3025-3035, with the lowest spike touching 3027. It is evident that a large number of people will be lurking at 3025, but at the same time, many traders are choosing to wait at 3030 or even 3035.

To be honest, many people's liquidation is not really due to wrong directional judgment. Where does the real problem lie? It lies in replacing risk management with emotions. Have you noticed that you always buy high at half the mountain? That's because when market sentiment is most consistent and voices are most unified, you jump on the bandwagon. At this time, it is often already the end of the trend.

To live longer, one must calmly follow a plan rather than dance to the joys and sorrows of the crowd.