75x leverage? Most people get weak in the knees when they hear that number. But honestly, this thing can either make you rich overnight or wipe out your entire capital — it all depends on whether you truly understand the market.

This recent ETH long position I just closed makes me a little proud. I opened the position at 3318.45, and now the price has surged above 3375, with an unrealized profit of $2,182 on the account, and the return rate has skyrocketed to 129.75%. Some might think this is just luck, but I prefer to believe it's due to precise market judgment.

There are always voices in the crypto community saying "high leverage is gambling." I don't like hearing that. Before the Fed's rate hike decision last year, I used 50x leverage on BTC, and within four hours, I had a floating profit of $3,000. Some of my followers who copied that trade are still riding that profit snowball. Leverage itself is never scary; what’s scary is not understanding where the "emotional inflection point before news hits" is.

This ETH operation was actually very straightforward: after the CFTC designated ETH as a compliant collateral, institutional ETF funds have been flowing in daily. Plus, with the Fed rate cut expectations on the table, ETH’s short-term support level of 3300 is basically a guaranteed bottom. I predicted that institutions would leverage this momentum to push the price up, so I went all-in with 75x long, even without setting a stop-loss (of course, now that the unrealized profit is substantial, I’ve moved the stop-loss above the cost basis). Looking at the margin ratio, it’s still at 16.09%, with a liquidation price at 3208, nearly $170 below the current price. This safety cushion is enough for me to withstand tonight’s volatility from the Fed decision.

Some may say I’m too aggressive. But in crypto, opportunities are never for the timid. Last month, during the LUNA2 surge, I used 100x leverage for a short-term trade, and within two hours, I made a $1,500 profit and then exited. A brother in my community hesitated and didn’t dare to follow, and now he’s regretting it and kicking himself. What’s the essence of high leverage? "Fast, precise, ruthless" — identify the trend, lock in the entry point, and take profits when the time is right. It’s definitely not about blindly going all-in with your eyes closed.

That said, I need to give a reminder: after tonight’s Fed decision, ETH is likely to undergo a shakeout. I plan to cut my position in half around 3400 to lock in some gains, and hold the rest to ride the trend. Trading the market is like riding a roller coaster; you need to learn when to loosen your grip at the high points, or you’ll easily get thrown off.

The charm of leverage trading lies in this — it amplifies gains, but also amplifies risks. But as long as you master the rhythm, control your position size, and stick to discipline, it can be your sharpest weapon in the market.