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Just a few days ago it was pretending to be strong, but today this move has directly clarified the direction! 🚨📉
When it was grinding higher during the session, $FIL it looked like it would continue to surge, but what I noticed was a volume-less pump, no one buying at the top, and the rebounds getting weaker.
While everyone was still waiting, I saw that FIL couldn't hold steady around 1.0491, getting soft as soon as pressured from above. This kind of price action is most likely to lure people into chasing. 👀
So at that time I suggested adopting a short-sell mindset and not fighting against false breakouts.
Chasing tails gets you hit.
Now from 1.0491 to 0.7284, the profit has been realized at +1472.14%. This profit was taken cleanly. Those who held still earlier should be feeling good today. 🔥✅💰
Operationally, first close 80%, and use the remaining 20% as cost basis protection. 📌🎯
If it continues to drop, let it run on its own. If it bounces back, don't get sentimental about the profits. Rhythm is more important than fantasy.
When it's time to eat, don't pretend to be calm. ⚠️ If you missed it, don't chase. Wait for the next clear signal and see when a new structure emerges. 🔔
$BTC $ETH