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Honestly, this chart is really playing with people! 📉🔥
Before opening the chart this morning, $ETH was still grinding at a high level a couple of nights ago, making people bored, but at that time I wasn't looking at whether it could push higher— I was looking at whether there would be takers after it pushed up. The result was obvious: the rebound was weak, volume didn't follow, and once it hit resistance above, it fell back, with the fakeout vibes getting stronger.
While it was grinding the top in the session, I followed my plan and watched for shorts. I executed a short near 2079.09. It's now hit 1583.51, with a return of +4144.59%. This profit was worth the wait. ✅🎯😎
Good entries are waited for, not chased.
Take profits when it's time to take profits.
For position management, I first closed 80% to lock in the bulk 📌💰, leaving 20% under cost price protection. If it continues to drop, let the profits run. If it bounces back, I won't fight it. 🛑👏
If you missed it, don't chase. Chasing will mess up your mentality. ⚠️ Wait for the next signal and then move. Wait for a retest confirmation, wait for a more comfortable entry. 🔔
$BTC $SOL