CJeng : 349.65

CJeng : Task 1: What did I trade?
I traded $Coinbase (COIN.US)$ and $Ethereum (ETH)$. My main strategy is to combine "swing trading" with "RSP" (Dollar-Cost Averaging). During market adjustments, I will accumulate ETH at lower prices, and I will short-term profit from COIN when there is resistance to upward movement. The reason I chose COIN is that it is highly correlated with the cryptocurrency market and often serves as an indicator for observing market sentiment and Capital Trend.
My goal is to complete the locking of a 15%-20% Range gain on ETH before the 2025 ETF decision is implemented and to achieve short-term swing profits through COIN Stocks. I am also allocating stablecoins during the news release window of regulation to reduce risk exposure during severe volatility.
Task 3: Trading Review and Highlights
In this trade, the most effective operation was to use RSI and Bollinger Bands Indicators to bottom fish when COIN was temporarily oversold, and to take profit after confirming a technical rebound, successfully capturing a 15% short-term rebound space. Additionally, I increased my buy when Ethereum broke below $2,900 and reduced my position when it reached $3,300, successfully locking in about a 13% return.
However, there were also mistakes. The biggest error was anticipating a market rebound too early, reducing my ETH shareholding at $116K before the Bearish news of Bitcoin had fully played out, resulting in missing subsequent upward space. At the same time, I momentarily ignored the impact of the Federal Reserve's meeting minutes on the Technology Sector, leading to a 5% loss during a short-term decline in COIN.
Key Experience:
1. One should not engage in forced rebound operations while FUD (Fear, Uncertainty, Doubt) sentiment is not dissipated;
2. Each trade must strictly set take-profit and stop-loss levels, and should not rely solely on emotional judgment.
3. There should be two response plans before and after major events, ensuring position management to avoid "betting everything on news."
Next time, there will be more focus on changes in market structure, combined with on-chain data and Technical Indicators, to develop a more comprehensive trading strategy.

CJeng OP 103459102 : Do not forget, the United States is still investigating it.