To be honest, this market really knows how to mess with people. 🔥📉 A few days ago in the afternoon, $FOLKS was still lingering near the top, and many people saw it not dropping and wanted to chase, but I became more cautious instead. Because the rally had no volume, buying pressure was weak, and after going up, no one was willing to keep buying in.



As the price ground near the top, I watched the bounce strength of FOLKS and noticed that every time it tried to push up, it was pushed back down 👀📌 This wasn't strength, it was weakness. So at that time, I opened a short near 2.561, waiting for the short squeeze to play out.

Now the price has hit 1.963, with a gain of +1124.50% ✅💰 Those on board should understand now: it grinds at first, then delivers profits.

Don't fear the grinding; fear getting nervous first.

Once you understand, execute—don't hesitate at the final step.

Position management is simple: first close 80%, don't be greedy for the last bite 🎯😎 The remaining 20% is protected by cost price; if it continues to drop, hold; if it retraces, lock in profits.

If you missed it, don't chase ⚠️ Chasing leads to getting burned; wait for the next clear signal, wait for a pullback confirmation, and see after a new structure forms 🔔

$BTC $ETH
FOLKS1.11%
BTC0.88%
ETH4.44%
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