This move came out, and the market immediately stopped rallying! 📉🔥 A few days ago, before bed, I saw $BCH still holding high levels, seeming to want to push further, but upon closer inspection, the volume wasn't supporting it, no one was buying in, and each rebound was just short of momentum.


Before the market fully started moving, I was watching BCH's support changes, and it looked more and more like a trap at high levels. The resistance above hadn't loosened, and the buying volume wasn't strong enough, so I followed the bearish rhythm and suggested opening a short position around 414.78 👀.
As a result, when I checked the market this morning, the answer was clear. The current price is 202.85, and this move has already gained +3625.44%. It was tough to hold earlier, but now that it's out, it feels great 🎯💰.
That's the rhythm.
Don't fear the grind, just fear panic first.
In trading, don't fight the trend; close 80% to lock in profits ✅, and keep 20% to protect the cost basis. If it continues downward, let the profits run; if it rebounds, don't give them back 🛑.
If you missed the move, don't chase; chasing can mess with your mindset ⚠️. Wait for clearer signals next time, wait for a pullback confirmation, and only act when the new position feels comfortable 🔔.
$BTC $ETH
BCH1.46%
BTC1.40%
ETH1.66%
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