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This drop completely knocked the sleep right out of me! 📉🔥 A few days ago before bed, I was staring at $BCH , it was still hovering at a high level on the surface, but the more I looked, the more hollow it felt: the rally had no volume, it turned soft at the first touch above, and nobody was buying when it surged up. The worst thing about this kind of chart is fake activity.
Before the chart had fully started, I saw BCH's rebound getting weaker and weaker, and the support wasn't strong enough. At that time, I handled it with a bearish mindset and executed a short near 414.78. 👀
When I opened the chart in the morning, the price had already come to 197.11. This wave yielded +3723.63%. The timing was really on point! 🎯💰
That's rhythm.
Don't be greedy with position size. First close 80%, put the bulk in the pocket; move the remaining 20% to cost protection. If it keeps dropping, let the profits run. If it bounces back, don't give back the profits. ✅📌
Don't have feelings for profits.
If you missed it, don't chase. Chasing will mess up your mindset. ⚠️ Wait for a pullback confirmation, wait for the next clear signal. Make a move only when a new structure emerges. The market doesn't lack opportunities; it lacks patience. 🔔
$BTC $ETH