I couldn't help but laugh when I just opened the market. This wave of bears is really ruthless! 🚨📉 A few days ago in the afternoon, $CHZ was still pretending to be strong at high levels. Many people wanted to chase after it because it wasn't falling. I only looked at two details at the time: the volume didn't keep up, and the rebound lacked strength.


While everyone was still on the sidelines, I watched every surge of CHZ and found that it was always just short of momentum. Once the resistance above appeared, the market immediately softened. 👀 So my guidance back then was very clear: don't chase, wait until it can't move up anymore, then go short. The entry point was at 0.03382.
Now the price has dropped to 0.02178, with a return of +1714.43%. This profit was taken quite decisively! 🔥🎉
When it's time to take profits, don’t pretend to be calm.
First, close the position to lock in +1714.43% profit; keep 20% to protect the cost basis. If it continues downward, let it run; if it rebounds, don’t fight it. ✅🛑
When making money, the most feared thing is suddenly getting overexcited.
If you missed the chance, don’t chase; chasing can easily lead to losses. ⚠ Wait for the next clear signal, and wait for a more comfortable position before taking action. 📢
$BTC $ETH
CHZ-3.60%
BTC-0.02%
ETH-0.55%
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