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To be honest, that pullback at $BCH really felt relieving, the rhythm was on point.
During the pre-sleep review, it was still hovering around 325.97, I saw it consolidating at high levels for a long time, buying volume couldn't keep up, and once selling pressure appeared, it started pushing down, so I initially closed out the short position.
The price moved to 202.88, +2679.36% has already been realized on the books, the rhythm has been established.
Protect the profits already in hand, take 80% off the table, and keep 20% to see if there’s another move later.
Stay disciplined on the move, don’t forget to set stop-losses, and don’t panic if there’s a rebound later; if you missed it, wait for the next wave, the market never lacks opportunities.
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