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Honestly, this market really tests people's patience. 🚨📉 A few days ago in the afternoon, $BZ was still holding on stubbornly, many people wanted to chase as long as it didn't fall. I, on the other hand, felt something was off: the rebound was weak, resistance above was obvious, and the volume wasn't keeping up.
While everyone was still watching, I focused on the details of BZ's pullback, and found that every time it went up, no one was buying, and the buying volume was not decisive 👀. At that moment, I judged that this was not strength, but a heavily induced rally, so I planned to short around 105.42.
As a result, now the price has dropped to 79.28, with a return of +2305.00%, and the short position is comfortably profitable 🎯🔥. When it's time to take profit, don't pretend to be calm.
I'm not afraid of it grinding sideways, I'm only afraid you'll panic first.
I didn't hesitate to close this position, first take 80% off ✅💰, and move the remaining 20% to break even for protection. If it continues downward, let the profits run; if it rebounds, hold onto what you've already gained.
If you missed it, don't chase; chasing often leads to getting hit ⚠️. Wait for the next signal to act, and wait for a clearer entry point.
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