Today's market points 🎊🎊🎊

#BREAKING If #Ethereum breaks above $3100, the mainstream CEX cumulative short liquidation pressure will reach $9.05 billion. #Bitcoin $BTC

Crypto world unrealized gains unrealized losses: The "psychological touchstone" and practical guide for traders In the crypto assets market, every fluctuation of the Candlestick rewrites the unrealized gains and unrealized losses of the account. For seasoned traders, these two numbers are never just simple indicators of profit or loss, but rather the "risk gauge" and "human nature touchstone" that run through the entire trading process—testing your Position management logic, stop loss and take profit discipline, and reflecting your mental resilience when facing market fluctuations. The essence of unrealized gains is "temporary rewards granted by the market," yet it often becomes a "sweet trap" for traders. When Bitcoin rises from the buying price of $30,000 to $35,000, an unrealized gain of $5,000 can instinctively trigger greed for "holding on a bit longer to earn more" or anxiety of "quickly cashing out to avoid a pullback." Many traders have canceled their stop losses in an excessive pursuit of unrealized gains, ultimately turning profitable positions into losing ones; others have prematurely taken profits, regretting it after missing out on trending markets. True professional traders understand that unrealized gains only count when converted into actual profits; they utilize strategies such as moving stop losses and taking profits in batches to achieve this. The market's "temporary rewards" are locked in for certain returns - for example, when profits reach 50% of the expected target, cashing out a portion of the Position first, while using a trailing stop loss on the remaining Position to follow the trend, thus neither wasting the market movement nor risking profit withdrawal. Unrealized losses are the "required course" in the crypto world, and no trader can completely avoid them. Faced with the constantly expanding unrealized losses on their account, two completely different choices can lead to vastly different outcomes: some hold onto the hope that "just holding on will bring them back to break even," allowing losses to expand, turning unrealized losses into deep entrapment, or even losing everything due to a leveraged liquidation; while mature traders view unrealized losses as "feedback from error signals" - if the unrealized loss is due to a judgment error, they strictly execute the preset stop loss discipline, cutting losses in time to avoid greater risks; if the unrealized loss is a normal pullback within the trend and the fundamentals remain unchanged, they will adjust their strategy based on the Position situation. In short, either increase your position to average down the cost (which requires extreme caution to avoid getting trapped deeper), or patiently hold on and wait for the trend to return. The key is to distinguish whether the unrealized losses are due to a "trend reversal" or "short-term fluctuation" when they appear, rather than being swayed by panic emotions. In the crypto world, the core logic of unrealized gains and unrealized losses is that "before positions are closed, everything is a numbers game." It reminds us: don't forget the risks when making profits, and don't lose your rationality when facing losses. True trading experts are not those who never experience unrealized losses, but those who can remain clear-headed during unrealized gains and stick to their bottom line during unrealized losses. They understand that unrealized gains are a gift from the market and should learn to "hold steady"; unrealized losses are the cost of trading, and one must understand the need for "timely stop loss." In the end, unrealized gains and unrealized losses will teach you that long-term profits in the crypto world are never reliant on a single "big win" in the market, but rather on countless instances of respect for risk, adherence to discipline, and maintaining a stable trading logic and mindset amidst the market's fluctuations.