Seriously, this wave of short covering feels quite cathartic! 🚨📉


A few days ago before bed $ENS was still fluctuating at a high level, the chart looked like it was about to break out, but the more I looked, the more I felt it was weak: volume surged without momentum, weak support, and each upward move fell short.
While everyone was still waiting and watching, I monitored ENS's rebound strength and found that the resistance above never eased 👀 At that moment, I judged that chasing longs was risky, so instead, it was more convenient to wait for it to lose momentum and go short.
Entered near 5.785, now the price is at 4.206, with a yield of +2537.27% 🎯🔥 Those on board should be laughing in their sleep; this wave was timed perfectly.
Don't get emotional about profits.
Operationally, first close 80%, don't be greedy for the last bite ✅💰 The remaining 20% protected by cost price, let profits run if it continues down, and if it pulls back, don't let the gains become uncomfortable 📌
If you missed it, don't chase; rear-ending is easy to get hit ⚠️ Wait for a more comfortable position in the next round, act only when the signal is clear, and wait for the next opportunity 🔔
$BTC $ETH
ENS-2.09%
BTC-2.94%
ETH-2.59%
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