Honestly, the position $VELVET has been off for a while. The price repeatedly failed to break above around 1.66025, and the resistance at the top is becoming more obvious. Many people are still waiting for a breakout, but I'm more inclined to see the bears take over. Now it has dropped to 0.54346, with short positions gaining +666.62%. This wave of momentum has been realized. I didn't close all my positions at once; I first took profit on 80%, and left the remaining 20% to see if there is further downside. The stop-loss has been adjusted accordingly. If the rebound goes out of control, I'll just let the rules handle it. The most comfortable thing in trading is not catching key positions, but holding onto profits when the direction is right. If you missed it, don't rush to short; chasing after the drop is often not worth it. Wait for the next clear structure before acting. $BTC $ETH

VELVET-1.75%
BTC1.40%
ETH1.24%
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