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Don't even mention it, today's move was really satisfying! 📉🚀
Just a few days ago, it was still oscillating around highs, $BCH giving everyone the illusion that it was about to break out, but the more it's like that, the less you should be misled by the surface.
During the session when the price was grinding the top, I was watching BCH. I saw that the volume was never keeping up, and when it bounced, no one was buying. As soon as suppression appeared, the board immediately weakened. 👀 My judgment at the time was simple: the fake-out long trap was heavy. Don't chase longs, wait for the shorts to give an opportunity. So I went short around 363.55.
Now it's at 194.32, with a return of +3302.93%. Satisfying. 🎯💰 The earlier part was really a struggle, but cashing out was really straightforward.
When it's time to eat the meat, don't act calm.
When it's time to take profits, take profits.
For this trade, first close 80% ✅ and keep the remaining 20% with cost price protection. If it continues to drop, let the profits run. If it bounces back, don't give back the rhythm. 📌🛑
If you missed it, don't chase. Chasing the tail easily messes up your mindset. ⚠ The market never lacks opportunities; it lacks patience. Wait for the next clear signal before pulling the trigger again. 🔔
$BTC $ETH