Don't rush to call a reversal; this drop is where the real answer is! 📉🚨


When the price grinds higher during the session, $BCH it may seem to be holding up, but inside it's not that strong anymore.
A few days ago in the early morning, I was watching BCH and saw it rallying on low volume with weak rebounds; every upward push was suppressed 👀
At that time, I judged this to be more of a high-level bull trap rather than a healthy upward move, so I chose to open short around 414.78, not chasing that fake rally.
Now the price has come to 188.75, with short position profit +3866.64% 🔥🎯
This move was relatively comfortable. Once the direction opened up, the earlier waiting was worth it.
When it's time to eat, don't pretend to be calm.
Don't get emotional with profits.
Position management is straightforward: first close 80% ✅💰, protect the remaining 20% at cost price; if it continues to drop, let profits run; if it bounces back, control the pullback; don't be greedy for the last bite.
If you missed it, don't chase ⚠️ Chasing easily messes up your mindset; wait for the next clear signal, wait for a retest confirmation before acting, the market will always have the next shot 🔔
$BTC $ETH
BCH-0.67%
BTC-2.33%
ETH-2.11%
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