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A few days ago it was still pretending to be strong, but today it directly showed its true colors!🔥📉
The last look before bed was at $ARB , with the price still stuck grinding at a high level. Many people see it and want to chase, but the more I look, the more cautious I become.
A few days ago while watching the charts in the early morning, ARB tried to go up each time but there was no sustained buying, the rebound was weak, and no one was buying when it went up👀 I don't like chasing this kind of price action, it smells heavily of a bull trap, so I just waited for it to run out of steam and then gave the opportunity to short.
Now the result is out, from 0.11264 to 0.07638, +1846.96% realized directly✅💰 Not every time you need to rush to the front, the key is that the direction and execution are not messed up.
Not afraid of it grinding, but afraid that you panic first.
When making money, the worst thing is suddenly getting carried away.
Close 80% of this position first📌 Take the big part off the table first, protect the remaining 20% with cost price, if it continues to drop let the profits run, and if it bounces back don't make a comfortable trade uncomfortable🛑
Those who missed out, don't chase the tail⚠️ Chasing the tail is easy to get hit, wait for the next clear signal, wait for a retest confirmation, and move only after the new structure emerges🔔
$BTC $ETH