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In this big dump, Doge may contain huge opportunities, and I plan to get on board. Doge has pulled back from 0.48 to 0.34, a pullback of up to 30%, and the price has been well consolidated. At the same time, the 0.33-0.35 range is the 0.618 golden ratio support level of Doge's pullback. I think this is a good opportunity to seize. Considering that Musk will take office in a month, there is an 80% chance that Doge will experience a pump.
Currently, there is a large amount of buy orders for ETH around 3420 to 3520, and the support is strong. Therefore, I will buy more ETH on dips. Of course, when bottom fishing, I will not use high leverage, but choose a safe 2x leverage. Even if the price drops by 50%, 2x leverage will not lead to liquidation. I firmly believe that ETH will not fall to 1800, so the risk of this operation is very low, but the profit will double. For my long-term ETH position, I will hold it firmly until the Prague upgrade in March next year, and no one can shake my determination.
If you are anxious about market fluctuations, perhaps you should examine whether your leverage is too high.
For newcomers, what I want to say is: the size of the principal determines the scale of the return. Don't blindly pursue high leverage because of a small principal, otherwise you may face the risk of going to zero.