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This one came out, and the market stopped pretending! 📉🔥 A few days ago before bed, I saw $BCH still holding strong at a high level, superficially looking like it would continue to rise, but the more I looked, the weaker it seemed. Volume didn't follow, the rebound didn't sustain, and every time it went up, it was pressed back. I judged at the time that this wave was more like a bull trap, not suitable for chasing longs.
Before the market had fully started, I watched BCH's support, and found that no one was buying at the high, and the resistance gave way as soon as it was touched 👀 So near 345.75, I executed a short, waiting for the moment it couldn't hold.
Now the price has arrived at 195.93, with a return of +3074.43%. This profit feels good ✅🎯 It was really grinding at first, but delicious once it played out.
This is the rhythm.
Don't get emotional with profits.
In operation, put the bulk in your pocket first, close 80% 💰📌 Keep the remaining 20% as cost protection. If it continues to drop, let the profits run; if it bounces back, don't give back the profits.
If you missed it, don't chase ⚠️ Chasing leads to emotional chaos. Wait for the next clear signal, and after a pullback confirmation, look at the next shot 🔔
$BTC $ETH