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This smash really woke the market up! 📉🔥 Opening the market in the morning, $ETH was no longer putting on that fake strength from a few days ago. A few days ago, before bed, it was still hovering at a high level, looking like it wanted to push, but the volume wasn't following, and it softened as soon as resistance came in.
I was watching ETH at the time, seeing that every bounce had no takers, with clear lack of support, and the trap for longs was getting heavier 👀 So I executed a short near 2079.09, waiting for the moment it couldn't hold.
Now the price has come to 1570.13, with a yield of +4252.85%. This short trade feels really satisfying 🎯💰 The grind beforehand was painful, but the breakout is truly sweet.
Take profits when it's time. Don't get emotional with your gains.
Close 80% of the position first ✅, and use the remaining 20% as cost protection 🛑. Let the profits run if it continues to drop, but don't give back the gains you've already secured if it rebounds.
If you missed the move, don't chase ⚠️ Chasing can easily mess up your mindset. Wait for the next clear signal, and only move after a confirmed retest. The market never lacks opportunities—what it lacks is patience 🔔
$BTC $SOL