Honestly, this wave of shorts really showed us some respect. 🚨📉 When the market hadn't fully started yet, $AVAX it looked like it wanted to push up, but the more I watched, the more I felt it was fake: going up had no takers, volume wasn't cooperating, and it went soft as soon as it touched the resistance level.



A few days ago, while watching AVAX in the afternoon, what I saw was a weak bounce, not a strong continuation. Especially, several attempts to rally didn't hold, with clearly insufficient buying support, so at that time I reminded not to chase the long side, and to wait until it couldn't push further before opening a short position 👀📌

When it's time to profit, don't act indifferent.

Now the price has moved from 9.375 to 6.685, giving a return rate of +2033.68%. This wave of short positions has been smoothly realized 🔥💰🎉 Wait patiently at the beginning, and then you'll have a comfortable position later.

For the position, first close 80% of it. Don't be greedy for the last bite ✅🎯 Keep the remaining 20% as cost basis protection. If it continues to drop, let the profit run. If it bounces back, don't let the profit turn into a key level.

Chasing the tail gets you beaten. ⚠️ Those who missed out, don't chase. Wait for the next clear signal, wait for the next more comfortable entry 🔔

$BTC $ETH
AVAX2.17%
BTC2.49%
ETH2.67%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned