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Just a few days ago, it pretended to be tough, but today the shorts came clean! 🔥📉 Opening the charts this morning, $ETH this one move made clear the hesitation at the highs from a few days ago. A few days ago before bed, it was still rubbing around at the top, but every pullback found no takers.
At that time, my read on ETH was simple: volume-less rally, weak support, and hitting resistance with no follow-through 👀 So near 1672.35, I opened a short position based on bearish thinking — not chasing the superficial noise, just waiting for it to show weakness.
When you're making money, the biggest risk is getting carried away.
Take profits when you can.
Now the price is at 1576.24, with gains of +1001.94%. This move feels really satisfying 🎯💰 The shorts gave the answer, and the timing was worth the wait.
For the trade, I first close 80% of the position, locking in the bulk of the profit ✅ Keep the remaining 20% under cost price protection — if it keeps dropping, let the profits run; if it bounces back, don't give back the gains 🔔🛑
If you missed it, don't chase ⚠️ Chasing tails often leads to getting burned. Wait for the next shot, wait for a clearer setup in the next round. Opportunities are not grabbed; they are waited for 📌
$BTC $SOL