Don't rush to celebrate, but this move is indeed satisfying! 📉😎 A few days ago in the afternoon, $BCH was still grinding at the top, making people anxious. Many see the sideways movement and want to bet on a breakout. I wasn't watching for excitement at the time, but because every time it pulled back, no one was stepping in, and the volume was never enough.


Before the market fully started to move, BCH already showed signs of fatigue 👀. The rebound was weak, and resistance above was obvious. When buying momentum weakens, the space for bears to open up becomes easy. So I warned not to chase the strength back then, to follow the bear’s rhythm and go short.
Now, from 363.55 to 214.38, this decline was directly realized, with a return of +2911.41% 🎯🔥. The rhythm was well controlled, and all the waiting beforehand was not in vain.
It’s time to take profits.
Good positions are not chased out but waited for to appear.
I’ll first close 80% ✅📌 of my main position and lock in the gains, leaving the remaining 20% at cost price for protection. If it continues to drop, let the profits run; if it rebounds, don’t let the opportunity slip away and make the rhythm uncomfortable 💰.
If you missed it, don’t chase ⚠. Chasing can easily mess with your mindset. Wait for a pullback confirmation, and wait for a more comfortable position for the next round before acting 🔔.
$BTC $ETH
BCH-2.88%
BTC-2.52%
ETH-1.96%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned