This drop directly knocked away all my drowsiness! 📉🔥


A few days ago before bed, I was staring at $ETH . On the surface it was still hovering at a high level, but the more I looked, the more flimsy it felt: the pump had no volume, it turned weak at the slightest touch above, and no one was buying when it pushed up. The worst thing about this kind of price action is fake hype.
Before the price action fully kicked off, I saw that the strength of ETH's rebound was getting weaker and the support wasn't solid enough. So I took a bearish approach and opened a short position around 2086.14. 👀
When I opened the chart in the morning, the price had already dropped to 1570.69. This trade's return rate was +4294.29%. The timing was truly perfect! 🎯💰
That's called good timing.
In terms of position sizing, don't be greedy. First close 80% of the position and lock in the bulk of the profits; move the remaining 20% to cost price protection. If it continues to drop, let the profits run; if it retraces, don't give back the profits. ✅📌
Don't get emotionally attached to your profits.
If you missed it, don't chase. Chasing after the move will mess up your mindset. ⚠️
Wait for a retest confirmation, wait for the next clear signal, and act only when a new structure forms. The market never lacks opportunities; what it lacks is patience. 🔔
$BTC $SOL
ETH0.76%
BTC-0.27%
SOL2.30%
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