Don’t rush to slap your thigh—this wave of short covering really is beautiful! 📉🔥 A few days ago in the afternoon, $OPEN was still probing back and forth on top, and it looked like it might keep pushing, but what I locked onto was the clear suppression overhead—the volume just didn’t keep up.


In the last look before bed, I saw OPEN still pushed for a moment and then went soft: the buy side couldn’t hold, and the rebound wasn’t continuous. 👀 This is the kind of position where chasing longs can easily get you shaken out, so I went straight according to the plan and executed a long around 0.1821. Now the current price is 0.1653, and the profit is +662.4%—that drop of returns was delivered very cleanly. 🎉💰 Hitting the rhythm is more comfortable than anything else. That’s the rhythm. Chasing the tail end is easy to get hit.
For the current handling, first close 80%, take the bulk of the profit first, and leave the remaining 20% with cost-price protection. ✅🛑 If it continues to sell off harder, let the profits run. If it bounces back, don’t stubbornly hold onto fantasies. For those who missed it, don’t chase—especially in the latter half of this selloff; once your mindset gets thrown off, it’s easy to get distorted. ⚠️ Wait for the next time there’s a clearly defined signal—wait for the pullback and confirmation—then use the next shot to find a more comfortable position. 🔔 $BTC $ETH
OPEN3.31%
BTC0.46%
ETH0.39%
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