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Honestly, this market is really messing with people. 🚨📉
A few days ago before bed $BCH was still slowly grinding upward, many people thought it was about to break out, but the more I looked, the more uncomfortable I felt.
When the market hadn't fully started yet, I noticed BCH made several upward attempts but fell short, volume didn't follow, and there was no one buying at the top 👀 This kind of rebound is not strong, it smells heavily of a bull trap, so I suggested at the time that going short was more suitable.
Now it has gone from 353.36 to 200.24, shorts have cashed in directly, return +3074.68% 🎯🔥 This move wasn't impulsive, it was earned through patience, feels good.
Some money isn't made through impulsiveness.
Take profits when you should.
For my position, I'm handling it step by step, first close 80% ✅ move the remaining 20% to cost price protection 📌 If it continues down, let the profits run; if it bounces back, don't give back the gains.
If you missed it, don't chase ⚠️ Good positions are waited for, not chased. Wait for the next signal before moving. The market never lacks opportunities, it lacks patience 🔔
$BTC $ETH