Don't mention it, today's short sellers really showed respect! 🔥📉 During the intraday grinding top, $RLC kept trying to go up, but each time it was pushed back. Looks lively, but in reality, no one was buying at the top.



A few days ago before bed, I was staring at RLC's details and noticed that the rally lacked sustained volume, and the bounce wasn't decisive 👀 I judged that it looked more like a high-level bull trap, not suitable for chasing longs, so I went short near 0.4613 as planned.

Good positions are waited for, not chased.

When making money, the worst thing is suddenly getting emotional.

Now the price has hit 0.2947, with a return of +1739.24%. This short trade was cashed out quite cleanly 🎯😎 Not every time you need to be aggressive; if the rhythm is right, the profit will come naturally.

The position management is also very simple: first close 80% 📌 Put the bulk into the pocket first, protect the remaining 20% at cost, let it run if it continues to fall, and don't give back the profit if it bounces back ✅

If you missed it, don't chase the tail ⚠️ Chasing in can easily get your mind washed by the pullback. Wait for the next clear signal, wait for the structure to give a position again 🔔

$BTC $ETH
RLC-4.37%
BTC-3.22%
ETH-3.04%
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