This crash really exposed the market's underwear! 📉🔥


A few days ago before bed, I was staring at $NEAR. It was still rubbing around at highs, seemingly ready to push further, but each time it went up, no one was buying in, volume couldn't keep up, and the more I looked, the more it felt like a fakeout followed by weakness. Before the market had fully activated, I saw that the resistance above NEAR was persistent, and any bounce would go soft upon contact. 👀
So at that time, I advised not to chase entries and to follow the bearish rhythm, placing the long entry around 2.5382. Now the price has come to 1.9809, this short order has played out directly, with a return of +1558.21%. ✅💰
The grinding earlier was truly annoying, but once it played out, it was truly satisfying. That's the rhythm. Don't fear the grinding; fear panicking first. On position sizing, I'm closing 80% here to lock in profits, leaving 20% with cost protection. 📌🛑
If it continues to drop, let profits run; if it bounces back, don't give back those profits. If you missed it, don't chase. ⚠️
Chasing tails easily messes up your mindset. Wait for the next clear signal, wait for a retest confirmation, and then look at the next move when a new structure emerges. 🔔
$BTC
$ETH
NEAR-3.03%
BTC1.06%
ETH1.62%
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