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Honestly, this market structure is really toying with people! 📉🔥
Before opening the chart this morning, a few days ago before bedtime $ATOM was still grinding at the highs, lulling people into sleepiness. But at that time, I wasn’t wondering whether it could push higher—I was thinking about whether anyone would catch it when it surged. The outcome was obvious: the rebound was weak, the volume didn’t keep up, and once the price got pressed from above it rolled over again. The long-faking (bull trap) feeling only kept getting stronger.
While price was grinding out the top, I stuck to the plan and watched for shorts. When it reached around 2.219, I executed the short. Now it’s hit 1.551, with a return of +2136.02%—this profit wasn’t in vain to wait for ✅🎯😎
Good positions are waited for—not chased.
When it’s time to take profit, take profit.
For position management, I closed 80% first to lock in the main bulk 📌💰, and left the remaining 20% with a cost-price protection. If it keeps getting hammered lower, let the profits keep running; if it rebounds, I won’t force a hard grind with it 🛑👏
If you missed it, don’t chase—chasing can easily throw your mindset off ⚠️ Move only when the next signal comes out; wait for a pullback to confirm, and wait for a more comfortable entry 🔔
$BTC $ETH