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On November 17th, regarding the downtrend of BTC, looking back, it was indeed well-timed. In the morning session, after observing the resistance level near 96000, I decisively laid out a short order and held onto it all the way down to 91000, capturing a swing trading space of 5000 points.
To be honest, the judgment at that time was mainly based on two points: first, the significant decline following high-level fluctuations in the technical aspect, and second, the cautious overall environment at that time. Such one-sided market trends are rare, but when they occur, one must be decisive; hesitation will only waste opportunities.
Now continue to observe the trend rhythm of $BTC and $ETH. The market is never short of opportunities; the key is whether you can see the trend clearly and whether you dare to take action.
It's easy to see the trend, easier to take action, but the hard part is not getting yourself killed by your own foolishness, haha.
That 96000 resistance level, why does it feel so familiar... I saw it last time too, but ended up stubbornly holding the opposite direction, happily losing half.
Is it true, are you daring to make a move with a falling knife during a higher trade volumes drop? Why do I always end up catching falling knives when the higher trade volumes are dropping, I’m a professional sucker for sure.
The market doesn’t lack opportunities, it just lacks operators like me. Every time I see the trend correctly, I just go the wrong direction.
Why are such one-sided markets so rare, how come I can step in every time?
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I also saw the drop from 96 to 91, but I still hesitated, it's my fault.
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The key is whether you dare to take action; you said it so well, I'm the kind of person who can't act even when I see it.
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It's easy to talk about this kind of market, but when it gets to the critical moment, it's another story.
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I need to learn well about this strategy of resistance level and higher trade volumes falling.
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Haha, I've been educated by you, hesitating really means wasting opportunities.
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Your record looks good, can you take this newbie along next time?
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5000 points, my salary for this month is just this much, it's really unbelievable.
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I just can't understand how you were so decisive back then; if it were me, I definitely couldn't hold on.
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This is a real trader, unlike me who just talks big every day.
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The signal of a higher trade volumes drop is something anyone can see, the key is whether you dare to really go in, right?
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This wave is indeed beautiful, but I want to know more about how you pinpointed that precise resistance level of 96000, how much luck was involved?
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When a one-sided market comes, it’s best to slip away, that's the highest realm of survival... I often operate in reverse, and then go bankrupt.
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Seeing the trend is just the basics; being able to hold a losing position without a stop loss is what makes money, this is my weakest point.
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No exaggeration, this operation is textbook style; if my fren could be this decisive, they would have gotten rich early.
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Closing the position at 91000 was really timely, earning more than those who kept holding a losing position; the market still needs an exit awareness.