Copy Trading Master’s Winning Strategies Review — Episode 9

LBank Exchange
2 min readOct 27, 2023

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Easy Follow, Smart Trade! Discover the winning strategies of our popular traders.

  1. Copy Trading Master’s Introduction

User Nickname: world西葫芦

Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/?id=LBA4D00725

Trading Style: Hedged Arbitrage, Short-term Swing Trading

2. Trade Operation Recap

Going long on ETHUSDT with 50x leverage, opening at $1687.27 USDT, closing at $1807.67 USDT, with a single trade profit rate of 356.78%. As shown in the figure below:

3. Trade Review

3.1 Market Background

Currently, the overall market has stabilized around $30,000 after a rapid rise to nearly $36,000, with multiple factors such as positive ETF news for BTC, the late stage of the U.S. dollar and next year’s halving cycle rally. ETH and BTC have a strong correlation in volatility. If ETH continues to rise, it could reach around $2,000, currently fluctuating around $1,800, with support at the $1,750 and $1,700 price ranges. After oscillating at high levels, the market will continue to establish its direction.

3.2 Trade Analysis

The BTC daily chart shows a bullish MACD energy column that continues to increase in volume, with no signs of a decline, indicating a bullish continuation. The immediate support level for BTC is $32,000. BTC needs to pay attention to support levels at $32,000 and $30,000, while ETH should watch for support at $1,750 and the $1,680-$1,700 range.

3.3 Winning Strategies Summary:

For BTC, there may be opportunities for appropriate long positions during a pullback. If BTC experiences a pullback, light positions can be considered, and analysis of indicators suggests a demand for pullbacks. It is advisable for those who bought BTC in the range of $28,000 to $30,000 in the early stages to reduce their positions appropriately and maintain a light position. Overall, the trend is upward, with a focus on oscillation.

Note: Personal opinion, for reference only. Opportunities and risks abound, always do your research before investing.

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