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That afternoon a few days ago, the bearish smell was already unmistakable. 📉🚨🔥 $GMT On the GMT side, repeatedly testing highs, but every upward thrust was suppressed. As soon as the selling pressure from above appeared, the market immediately softened. I knew at the time that this wasn't strength, but weakness.
While everyone was still watching, I focused on the volume-less upward push and insufficient support 👀 During the session, the price grinded near the top for a long time. The price looked active, but actual buying power couldn't hold it. The bearish outlook also couldn't stop this high-level loosening rhythm.
This is the rhythm.
When it's time to make money, don't pretend to be calm.
Chasing tails easily gets you hit. 🎯
So I opened a short position near 0.01091, and later it went to 0.00738, +1558.18%. That profit was quite satisfying ✅📈 First close 80%, use cost price protection for the remaining 20%, continue to hold if it goes lower, and don't give back the profit if it bounces back.
If you missed it, don't chase. Wait for a retracement confirmation, wait for the next more comfortable position ⚠️ There are still opportunities ahead, don't rush yourself into the volatility 🔔
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