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Don't rush to call a rebound, the market has just shown its attitude! 📉⚡ A few days ago in the early morning $BCH was still grinding at a high level, on the surface it didn't seem to break down, but in fact each upward push was very difficult, and the volume didn't really follow.
When the market hadn't fully started yet, my focus on BCH was simple: whether there were takers for the rebound, whether the resistance was removed. The result was that it went up without takers, insufficient support, heavy trap for longs 👀 So at that time I suggested following the rhythm of opening short positions, not chasing false moves.
Now the price has gone from 353.36 to 196.26, with a return of +3154.60% 🎯✅ This wave of short positions has been realized, indeed it was not in vain, the rhythm was comfortable.
Some money is not earned by impulse.
Take profits when it's time.
No hesitation in handling, first close 80% 💰, keep the remaining 20% as cost price protection 📌. If it continues to drop, let the profits run on their own; if it pulls back, don't fight the market.
If you missed it, don't chase ⚠️, chasing in can mess up your mindset. Wait for the next round with a more comfortable position, wait for a clear signal to act, there will be more opportunities later 🔔
$BTC $ETH