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Just opened the market and saw $LAYER pushing down, this wave of short positions really played out.
Before bed, the price was around 0.08946, I saw it was grinding sideways at a high level for a long time, buying volume couldn't keep up, and as selling pressure appeared, it started to push down, so I decisively reminded everyone to short at that time.
Now the price has fallen back to 0.06234, with a profit and loss percentage of +596.90%, this profit margin has been realized.
My suggestion is to take 80% of the profit first, and take the remaining 20% lightly, don’t give back what you’ve gained.
Protect the profits once they are in hand, and the remaining position must have a stop loss, a rebound later is also normal; those who haven't entered yet wait for the next signal.
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