The market suddenly dropped, exposing the false strength from a few days ago! 🚨📉 When I opened the market this morning, I could already see that the high-level resistance was being tested, and the situation from a few days ago, when a quick push in the early morning caused it to soften, was very obvious.


While everyone was still watching, I focused on CGPT's rebound strength, and found that each upward push was just short of a full rally, with volume not cooperating, and no one was buying in. Around 0.03778, I immediately suggested opening a short position to avoid being caught by a small rally. 👀
I'm not afraid of it grinding, I'm just afraid you'll panic first.
Now, from 0.03778 down to 0.01906, the profit has reached +2386.22%, and this profit feels good. When the rhythm is right, it's a different game. 🔥✅💰
As for the position, the main part is first pocketed, 80% closed, and the remaining 20% moved to the cost price for protection. 📌🎯 If it continues downward, let it run; even if it rebounds, I won't let profits turn uncomfortable.
When making money, the most feared thing is a sudden surge. ⚠ If you didn't catch the move, don't chase; chasing can easily lead to a hit, wait for a pullback to confirm, then look for the next opportunity. 🔔
$CGPT $BTC
CGPT-1.18%
BTC0.24%
ETH-0.53%
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