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This drop, the market simply stopped moving! 🔥📉 A few days ago, early in the morning, when I was watching $BZ , it was still trying to go back and forth at high levels, looking quite lively on the surface, but what I saw was a lack of rebound strength and insufficient support, with heavy resistance above.
The last glance before sleep, I saw BZ still couldn't push higher, volume didn't follow, and buying pressure couldn't hold 👀📢. At that moment, I judged that this move was more like a depletion before a false breakout, so I suggested waiting for a loosening with a short-selling approach.
Now from 105.42 to 78.98, the return rate is +2331.45% ✅🎉💰. After being frustrated by the previous grind, breaking out feels really satisfying, and this profit is very smooth.
Understand it and execute, don't hesitate at the last moment.
When it's time to take profit, don't pretend to be calm.
First close 80% of the position, leave the remaining 20% to protect the cost basis 📌🛑. If it continues downward, let the profits run; if it rebounds, don't hold on stubbornly.
If you missed the move, don't chase; chasing often leads to getting hit ⚠️. Wait for a clearer signal next time, and wait for a more comfortable position before acting again 🔔.
$BTC $ETH