When I was watching $ACT earlier, I felt that this level wouldn't hold. It kept trying to break through around 0.01151 but couldn't. The order book didn't feel like accumulation; it felt like distribution.



The market quickly verified this. The price hit 0.00917, and the short position profits came through directly. That +498.53% was a very satisfying trade.

Simply put, things have changed.

Many people saw that consolidation as stability, but I prefer to see it as a hesitation zone before a decline. For now, I'm not being greedy—I'll take profit on 80% first, and keep the remaining 20% with a stop-loss to continue watching. If it extends, I'll hold; if not, I won't give back gains. If you haven't entered, don't chase. The market never lacks opportunities.

$BTC $ETH
ACT-1.72%
BTC1.31%
ETH0.44%
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