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Don't mention it, this drop is really giving face!📉🎉
A few days ago before bedtime $BTC was still stuck at a high level, oscillating sideways, unable to rise nor drop decisively. Many people were annoyed, but at that time I felt the opportunity was close: there was overhead resistance, and buying power hadn't followed through.
While everyone was still waiting, I saw BTC's several pullbacks being suppressed, with the rebound momentum getting weaker and weaker 👀. This kind of position is most afraid of being led by a false breakout, so around 76861.4 I directly opened a short position following the bearish mindset.
Now the current price has come to 59879.4, with a yield of +3841.18%. This profit is very satisfying ✅💰. When the rhythm is right, the market naturally gives feedback.
Good positions are waited for, not chased.
Don't get emotional with profits.
Position actions have been arranged: first close 80% 🎯, keep the remaining 20% as cost protection. If it continues to drop, let it go; if it bounces back, don't let the profit turn into a key resistance point 🛑.
If you missed it, don't chase ⚠️. Chasing after will easily mess up your mindset. Wait for the next clear signal, look for a more comfortable position, and board the next opportunity 🔔.
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