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Early morning market gives the answer.
Around 56.37, $LTC high-level stagnation is very obvious, the resistance above has been persistent, and there’s no volume on the rebound, with signs of capital outflow.
At that time, I didn’t want to fight it anymore, and when the signal appeared, I directly reminded to enter short positions.
Now the price has already fallen back to 52.21, this range has been firmly eaten up, and the short position profit has reached +523.63%, this judgment can be considered a breakthrough, it’s really satisfying, but don’t get carried away.
My handling approach is very simple: 80% first take some profit, the remaining 20% hold a light position and keep watching, give it some space, but don’t let the unrealized gains be significantly pulled back.
For those still holding positions, set a protective stop-loss properly, and handle large fluctuations later according to discipline; if you missed this one, don’t chase hard, wait until I see new signals later to remind, and if the position feels uncomfortable, it’s better to stay flat. $BTC $ETH