$BCH’s rally today was quite interesting during the session. After opening long at 207.29, there was a frustrating shakeout in the middle. Many people wanted to exit when they saw the pullback, but I didn’t move because that level clearly hadn’t broken down. Now the price has reached 235.18, with a gain of +955.35%. To put it bluntly, the bears looked fierce, but they failed to break the structure. Once it can’t go lower, as soon as the bulls step in later, it will rally quickly. That’s why I don’t like to just look at surface fluctuations; during live trading, you need to see who is losing the initiative. This trade has already completed its first take-profit step: 80% taken profit. The remaining 20% continues to follow, with the stop placed at an acceptable level, not gambling against the chart. When you’re in profit, stay calm; don’t think a single green candle means it can keep surging indefinitely. If you’re not in it, don’t chase. Wait for the next clear setup to consider. $BTC


$ETH
BCH0.18%
BTC0.13%
ETH-0.11%
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