Let's briefly explain the reason why 3600 cleared half of ETH: 1. Odds perspective The previous high of 4800, if it can be reached, it will still have a 33% increase, and if you sell half, you will earn 17% less. It is completely acceptable. If it pulls back to 3000, it will lose 20%, which is not very acceptable. And I don't need to sell it all at the top, that's not something I can do. I will take out the other half of ETH during the distribution stage, and I will say it then. 2. Emotional anti-referencing They are all shouting that the big bull is coming, and I am a little scared, and the emotional indicator is another reliable indicator.
I just want to tell you how to look at the entry and exit points for buying and selling. Buy at 1700, previous low at 1500, potential loss of 10%+; while if it rises to 4800, there is a return of 180%. This odds calculation is 1:15, absolutely high odds. And what is the probability? I believe at that time it was over 70%. In simple terms, if you are facing an event with a potential odds of 15 times and a winning rate of about 70%, and you are too afraid to place a bet, then you shouldn't be playing.
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