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To be honest, this wave of selling is so satisfying! 🔥📉
When grinding the top during the session, $ARB looked like it wanted to push higher, but what I saw was not strength, but weakness: volume-less rallies, overhead resistance, and rebounds that soften at the slightest touch.
A few days ago in the afternoon, I looked at the rhythm of ARB, and the more I looked, the more it looked like a high-level bull trap. Buyers were unwilling to keep taking, and as soon as sell pressure came out, the market softened. At that time, I reminded to handle it according to the bearish rhythm, and not to be led astray by that fake rally 👀📢
Later, I executed a short near 0.1085, and now it has come to 0.07779, with a return of +1623.95%. This profit was smooth ✅💰
Once you understand, execute. Don't hesitate at the critical moment.
Don't be greedy with positions. First close 80%, protect the remaining 20% at cost. If it continues, let the profits run. If it retraces, don't disrupt the rhythm you've got 🎯📌🛑
Take profits when it's time to take profits.
If you missed it, don't chase. Chasing tends to get you hit ⚠️ Wait for a more comfortable position in the next round, and wait for the next clear signal before moving 🔔
$BTC $ETH