Honestly, this market trend is really torturous. 🔥📉


A few days ago in the afternoon, $CRCLX was still pretending to be strong. Many people get carried away easily when they see a rebound, but I was looking at a different set of things: the rally had no volume, there was clear overhead resistance, and every attempt to break higher fell short.
While everyone was still waiting and watching, I saw that CRCLX had no one buying when it went up, and the rebound got weaker and weaker. 👀 In such a position, I don't like chasing longs; instead, I prefer to wait for it to lose momentum and then give an opportunity to short. So, I executed a long position near 105.01.
Some money is not made by impulse. Now from 105.01 down to 67.12, the return is +1737.64% 🎯😎 This profit is not small, and the move was clean enough. The patience in watching the charts earlier did not go to waste.
Regarding the position, first put the bulk into the pocket. Close 80% first. ✅ Move the remaining 20% to cost price protection. 📌 If it continues to drop, follow; if it bounces back, don't let the profit become uncomfortable.
If you missed it, don't chase. 🚨 Rear-ending will easily get you hit.
Move when the next signal appears, wait for a more comfortable position. $BTC $ETH
CRCLX-5.24%
BTC-1.66%
ETH-1.53%
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