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Is stubbornness still worth it for multiple heads? $CHIP When it was around 0.04981, I saw the upward shadow repeatedly, with no volume rebound, and the market clearly stagnating at a high level.
At 0.04981, I directly entered with a short position mindset, the signal was very clear: capital outflow, selling pressure holding it down, unable to push higher.
Now the price has fallen back to 0.04327, the short position profit has already reached +632.30%, this chunk of meat is thick enough.
My approach is to take 80% of it back first, and see if the remaining 20% can still be given space by the bears.
For the positions I still hold, set a solid protective stop-loss, don’t let large fluctuations wipe out the unrealized gains;
Don’t chase hard if you missed it, wait for new signals to appear later before acting. $BTC $ETH