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Still grinding before bed, woke up and directly handed in homework to the shorts! 📉😎
A few days ago, before bed, I was staring at $GRT . It repeatedly tested above but couldn't hold steady. Volume couldn't keep up, and buying was not resolute. This kind of market condition becomes more prone to turning around the longer it drags on.
Before the market had fully started, I saw GRT's bounces getting weaker and weaker. No one was buying when it went up, and as soon as selling pressure emerged near the resistance level, it fell back 👀. At that time, I judged that this was not a continuation of strength, but more like a top looseness, so I suggested opening a short.
From 0.02847 to now 0.01816, profit +1743.97%. This wave was quite comfortable to handle ✅🔥. It was really grinding at first, but once it played out, it was truly satisfying.
Good positions are waited out, not chased.
Chasing the tail easily gets you hit.
Here, I first close 80%, put the bulk into my pocket 💰🎯. For the remaining 20%, I set a cost price protection. If it continues to drop, I'll keep watching. If it bounces back, I won't let the profits easily slip away.
If you missed it, don't chase 🚨. Wait for a retracement confirmation, wait for the next clear signal before moving. There will be more opportunities later, don't rush to grab the last bite 🔔.
$BTC $ETH