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This drop caused the market to stop moving entirely! 📉🔥 A few days ago, I saw before bed that $ARB was still bouncing around at high levels, seeming like it wanted to continue pushing, but what I was really watching was the volume not keeping up, no one was buying as it went up, and it was getting more and more weakening.
Before the market fully started moving, I saw that ARB kept bouncing back with each rebound, with resistance above pressing down, and not enough support 👀 So my idea at the time was very simple: don't chase longs, wait until it can't push up anymore, then go short.
Now from 0.11559 to 0.08709, this wave was directly realized, with a return of +1414.15% 🎯💰 It was really annoying to grind through before, but it feels great to have exited.
This is the rhythm.
Don’t get emotionally attached to profits.
In trading, the main part should be put into your pocket first, close 80% ✅📌 and keep the remaining 20% at cost to protect, if it continues to drop, let the profits run, and if it rebounds, don’t give the profits back.
If you missed it, don’t chase, chasing can easily mess with your mindset ⚠️ Wait for a clearer signal next time, wait for a pullback confirmation, and move when you’re in a comfortable position.
$BTC $ETH