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A few days ago, it was still putting up a strong front, but today it has shown its hand completely! 🔥📉
During the intraday grind higher, $ETH it looked like it would continue to push up, but what I noticed at the time was not the rise, but the fact that it pulled back as soon as it met resistance above.
Before the market fully launched, ETH made several bounces without continuation, volume didn't cooperate, and no one was buying on the way up. In such a structure, I wouldn't chase longs 👀 So I followed the idea of pressure at highs and chose to open a short position.
Now from 2086.14 to 1581.74, +4201.98% has been realized. Getting the timing right feels great 🎯🎉
Some money is not made by impulse.
Take profits when you should.
Position management is also clear: close 80% of the short position first ✅ leave 20% with cost protection 📌 let it run on its own, and don't give back profits if it retraces.
If you missed it, don't force a chase ⚠️ The market doesn't lack opportunities, it lacks patience. Wait for the next shot, wait for a new structure to emerge 🔔
$BTC $SOL