🚨 Crypto Public Report – Beware of ETH Massacre at the Peak! The crypto market is entering a dangerous phase again. In the last 24 hours, ETH surged rapidly from $3,354 to $3,615, triggering short-lived euphoria among retail traders. 📈 Field Facts: ETH briefly reached $3,615, approaching the psychological resistance of $3,650–$3,690. RSI 15M = 88.52 → Extreme overbought. This spike occurred without confirmation from BTC volume, a classic pump trap indication from market makers (MM). 💀 High Risk for FOMO Long Traders: MM takes advantage of the rapid surge to wipe out traders’ Take Profit & Trailing Stop. FOMO long traders at the peak risk getting trapped when the brutal final flush begins. Based on classic spiral patterns, ETH could quickly dump to the $3,550 – $3,500 zone, possibly touching $3,450 – $3,420 if panic selling spreads. Main Message for the Community Don’t FOMO at the peak! Let MM complete the pump → trap → dump phase. A safe zone for re-entry is only after the market forms a new support post-flush. ⚡ Conclusion: This is currently a dangerous distribution phase, not a healthy rally. Patient traders will wait for discounted prices after the massacre, not chase green candles at the peak.

Cryptocurrency Today: Slight Increase in Bitcoin, Ethereum, and XRP Prices Amid Decreased Selling Activity and Steady Retail Demand Bitcoin (BTC) is trading near the $80,000 mark, rising in tandem with major alternative cryptocurrencies, including Ethereum (ETH) and Ripple (XRP), as of this report on Monday. Ethereum remains above $2,350, continuing its five-day upward trend, while Ripple has regained support above $1.40. - Derivatives Market Expands Amid Improved Risk Appetite: Bitcoin shows notable signs of recovery with stable capital flows across derivatives, as evidenced by the open interest in perpetual futures rising to $58.63 billion on Monday, compared to $57.74 billion the previous day and $53.96 billion on Friday. If interest in derivatives remains strong, Bitcoin’s upward trajectory and prospects of breaking the $80,000 resistance level appear well-supported. Daily Trading Data for Bitcoin Futures | Source: CoinGlass Retail investors are increasingly interested in Ethereum derivatives, pushing open interest in futures contracts to $31.69 billion on Monday, up from $30.95 billion the day before. Although this is below the record high of $70.13 billion recorded in August, it is an improvement from the yearly low of $22.89 billion seen in February. This indicates that growth remains normal, potentially supporting steady price increases. Open Trading Data for Ethereum Futures | Source: CoinGlass Turning to XRP, demand for derivatives remains weak compared to Bitcoin and Ethereum, with an average open interest of only $2.5 billion on Monday. This is a stark contrast to the peak of $10.94 billion in July, highlighting ongoing skepticism among retail investors regarding XRP’s ability to sustain a short- to medium-term upward trend. Daily Trading Data for XRP Futures | Source: CoinGlass

#Gate广场五月交易分享 The profit-taking rules in crypto investing: the wisdom of locking in profits Experienced long-term crypto traders have all felt the rollercoaster of their accounts multiplying tenfold in a day, then plunging from a high point. The unrealized gains on paper go from making your blood boil to zeroing out amid rapid heartbeats. At this moment, everyone exclaims, "Profit-taking is really important!" Today, let's discuss some tips for profit-taking. 1. Why is profit-taking more important than gains? 1. Unrealized gains are not real money The paper profits from soaring coin prices are like castles in the sand, susceptible to being washed away by market waves at any time before closing the position. During the 2023 LUNA zeroing event, those who didn't take profits in time lost over 99% of their assets in a single day. 2. Against human greed Psychological studies show that investors' risk appetite surges when they are in profit. When Bitcoin rises from $30,000 to $60,000, most expect $100,000 but often miss the optimal exit point at $60,000. 3. Avoid black swan risks The cryptocurrency market operates 24/7. Sudden policy regulations (such as China's 2021 mining ban) or exchange collapses (like the FTX incident) can trigger sharp declines within hours. 2. Five practical profit-taking techniques Technique 1: Ladder-style dynamic profit-taking (suitable for trending markets) A [Open position] --> B (Take profit at 20%, close 30%) B --> C (Take profit at 50%, close 40%) C --> D [Move stop-loss on remaining position] Operational logic: Each time a profit threshold is surpassed, lock in part of the gains Example: During Ethereum's rise from $1,800 to $3,000, you can reduce your position in three steps at $2,200 / $2,600 / $2,900. Technique 2: Volatility anchoring method (suitable for highly volatile coins) Calculation formula: Profit-taking price = Entry price × (1 + 3×ATR) (ATR: Average True Range, reflecting the coin's volatility) Example: A certain altcoin has an ATR of 15%, with an entry price of $1. The first profit-taking target is set at $1.45. Technique 3: Technical structure-based profit-taking (requires basic analysis skills) Pattern types: Double top/bottom Trigger point: Breakthrough of neckline Pattern types: Ascending channel Trigger point: Resistance at upper boundary Pattern types: RSI overbought zone Trigger point: Daily RSI > 70 Technique 4: Sentiment contrarian profit-taking Immediately reduce holdings when the following signals appear: Exchange leverage borrowing rates spike FOMO sentiment spreads in communities (e.g., "This time is different" comments flooding) Non-professional media start headlines about cryptocurrencies Technique 5: Space-time balance law Holding period vs profit-taking range table Short-term (<3 days): 15%-30% Swing (1-2 weeks): 30%-80% Trend (>1 month): 100%+ + moving stop-loss 3. Ultimate risk control framework Three-three position management system 30% core position (trend holding) 30% tactical position (swing trading) 30% cash (for dips and rebuys) Profit protection iron law When unrealized gains exceed 50%, move the stop-loss line up to the cost price to ensure absolute safety of the principal Crocodile rule insight: When profits retrace by 30%, immediately exit completely to avoid falling into the psychological trap of "profits turning into losses."