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Don't even mention it, this wave of short sellers really did us a favor. 🚨📉 Before the chart had fully launched, $XRP it looked like it wanted to push higher, but the more I looked at it, the more I felt it was fake: no one buying when it went up, no volume confirmation, and it got weak as soon as it touched the resistance zone.
A few days ago, when I was watching XRP in the afternoon, what I saw was a weak rebound, not a strong continuation. In particular, several upward attempts failed to hold, and the buying support was clearly insufficient. So at that time, I reminded not to chase longs, wait until it can't push higher, then consider going short 👀📌
When it's time to make a move, don't pretend to be calm.
Now the price has moved from 1.4143 to 1.0656, with a return rate of +2294.54%. This wave of short positions has been executed smoothly 🔥💰🎉 If you patiently waited earlier, you get a comfortable entry later.
On position sizing, first close 80%—don't be greedy for the last bite ✅🎯 Keep the remaining 20% as a cost basis protection. If it continues to drop, let the profit run; if it bounces back, don't let the profit turn into a key loss.
Chasing the tail is easy to get hit. ⚠️ If you missed it, don't chase. Wait for the next clear signal, and wait for the next round with a more comfortable entry before making a move 🔔
$BTC $ETH