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Just a few days ago, they were pretending to be strong, but today the bears showed their hand directly! 🔥📉 Opening the charts this morning, $BTC this move finally made sense of the previous days' high-level hesitation. A few days ago, before going to bed, it was still hovering around the upper range, but every pullback had no takers.
At that time, my view on BTC was quite simple: volume-less rallies, weak absorption, and resistance that crumbled at the slightest touch 👀 So around 78051.2, I opened a short position following the bearish mindset, not chasing the surface-level hype, just waiting for it to show weakness.
When making money, the worst thing is to suddenly get carried away.
Take profits when they are due.
Now the price has come to 59843.8, with a gain of +4055.00%. This move was really comfortable to play 🎯💰 The bears gave the answer, and the timing was worth the wait.
For handling, I first close 80% of the position, taking the bulk profits ✅ The remaining 20% is protected by the cost price. If it continues to drop, let the profits run; if it rebounds, I won't give back the profits 🔔🛑
If you missed it, don't chase ⚠️ Chasing is easy to get burned. Wait for the next setup, wait for a clearer entry in the next round. Opportunities are not grabbed, they are waited for 📌
$ETH $SOL