A few days ago I was just barely holding on, but today’s drop is just too much to bear! 🔥📉 During the intraday rally $CHZ looked pretty strong, but I wasn’t watching the surface price movements, I was paying attention to the fact that every time it surged, there was no volume, and it immediately softened after the push.


While everyone else was still watching, I saw the details of CHZ very clearly: obvious resistance above, not enough buying pressure, weak rebound 👀 So my thinking was simple at the time: don’t chase longs, wait until it can’t push higher, then short around 0.03373.
Now it’s already down to 0.01923, with a return of +2070.23%, this short position has been quite profitable ✅🎉 Waiting patiently earlier paid off, and now the gains are steady.
I’m not afraid of it grinding, I’m just afraid you panic first.
Chasing after it will only get you hurt.
Position management isn’t complicated, first close 80% to lock in the main profit 💰📌, leave the remaining 20% at cost to protect, and if it continues downward, follow the trend and take profits. If it rebounds, don’t hard hold.
If you missed it, don’t chase ⚠ The market isn’t short of opportunities, it’s short on patience. Wait for a clear signal next time before acting 🔔
$BTC $ETH
CHZ-6.52%
BTC-3.70%
ETH-4.99%
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