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This drop directly ended the market session! 📉🔥 A few days ago, before bed, I saw $ARB still bouncing around at high levels, seeming like it was about to break out on the surface, but the more I looked, the more it seemed虚: no volume on the rebound, softening with a push above, no one to catch the surge.
While everyone was still watching, I kept an eye on ARB's rhythm, multiple attempts to push higher without continuation, clearly lacking support 👀 So I handled it with a bearish mindset at the time, executing a short around 0.11559.
Now the price has dropped to 0.08454, this move has yielded +1541.22%, it was really annoying to grind through earlier, but coming out feels really satisfying ✅💰 This profit, it’s comfortable to enjoy.
Take profits when you should. Don’t get emotionally attached to profits.
For position sizing, I first close 80%, locking the main part in my pocket 🎯 The remaining 20% is for cost price protection, if it continues to drop, let the profits run, and if it rebounds, don’t give the profits back ⚠️
If you missed out, don’t chase; chasing can easily mess with your mindset 🚨 Wait for a clearer signal next time, wait for a pullback confirmation, the market isn’t short of opportunities, patience is 🔔
$BTC $ETH