Brothers who are buying the dip today should be careful about this.
The longer it consolidates, the scarier it becomes, because during consolidation, there are definitely people trying to buy the dip, but it doesn't go up!!! If it doesn't go up, that's very scary, and one can only continue to eat liquidity. Even though it has reached this price, there's a high probability it will drop tonight!! This is why I ran away. If it continues to rise, I don't know if I can withstand this spike. If I lose over 200 in oil, then it's better to just get out.
Setting stop losses can indeed be very difficult, and you might miss out.
But it's also a risk management tool. $ETH

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