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This drop really woke up those who chased highs! 🚨📉 A few days ago, before bed, I was watching $BTC , and the price was still grinding sideways. On the surface, it looked strong, but volume wasn't keeping up—no one was buying the upticks, and every attempt to push higher was met with resistance.
Before the chart had fully ignited, I could see BTC's bounce getting weaker, with overhead resistance persisting—strong signs of a bull trap. 👀 I warned right then not to chase entries, to wait until it lost momentum before acting. I executed a short near 75769.2.
Now, from 75769.2 down to 60348.8, that's a +3538.58% gain. That short meat tasted really good. 🔥🎯 The grinding earlier was painful, but once it broke, it was clean.
That's rhythm.
Don't get emotionally attached to profits.
On my end, I'm covering 80% of the position first. ✅💰 Lock in the bulk of the gains, leaving the remaining 20% as a cost basis hedge. If it continues to plunge, let the profits run; if it bounces back, don't give back what's already captured.
If you missed it, don't chase. ⚠️ Chasing tends to mess with your mindset. Wait for the next clear signal, for a more comfortable entry after a confirmed pullback. 🔔
$ETH $SOL