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A few days ago it looked like it was going to make a hard push, but today it directly suppressed the long-side fantasies! 🔥📉
When grinding higher during the session, $BCH it looked quite lively, but the detail I caught was: the rally had no volume, no one stepped in to buy as it went up, and the rebound became weaker and weaker.
Last look before bed, I saw BCH still repeatedly testing around the key level 👀 but after testing back and forth it never held firmly, and the buying support wasn't clean enough, so I executed a shorting strategy around 344.95, waiting for the payoff after high-level pressure.
Now from 344.95 to 202.86, profit +2922.76% 🎯💰 This wave was worth the wait. When the bears gave the answer, it was really clean.
Some money is not made by impulse.
Chasing tails easily gets you slapped.
Position actions are also very clear: first close 80% ✅, remaining 20% cost-price protected 📌, if it continues let the profits run, if it pulls back then hold onto the rhythm already captured.
Don't chase if you missed it ⚠️ Don't get hyped just because you see the result, wait for the next retest confirmation, wait for a more comfortable position to move 🔔
$BTC $ETH