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Got it.
At the 56.37 level, $LTC hesitated for a long time and refused to continue, with obvious resistance above, a rebound without volume, and the market still showing signs of capital outflow. I immediately decided not to fight it and directly signaled to enter a short position.
Now the price has dropped to 52.5, and this move has already played out, with a profit of +487.13%. It’s hard to stay calm with such a position; catching the rhythm makes it very comfortable.
My approach is simple: take 80% of the profit off the table first, keep 20% in a light position to watch for further moves, and if there’s more room, let it run. If the rhythm changes, don’t hold on stubbornly, don’t give back the profits already made.
For those still holding positions, set your stop-losses properly; volatility may increase later, so don’t rely on gut feeling to hold through. If you didn’t catch this move, don’t chase blindly; I’ll notify you when I see new signals later. $BTC $ETH