This wave of $BIO dropping—shorts were timed well. Entered at 0.03045 and now at 0.02952, the floating profit shows +223.7%. This kind of profit isn’t made by guessing; it comes from trading in real time as the weakness plays out. At first, many people still thought it was just a normal pullback. But when I watched the chart, I could already tell something was off: the rebound had no staying power. The moment the price touched the level above, it was immediately pressed down, and the buy side wasn’t firm at all. The real turning point often doesn’t appear only after one big bearish candle. Those earlier details—couldn’t be pushed higher, couldn’t hold its ground, and the pullback coming fast—already made the direction very clear. I didn’t go all-in on this short; I handled it in an 80% take-profit rhythm first. The remaining 20% continues to be held, with the protective level moving down accordingly—just watching whether there’s further extension in the move. Right now, sentiment is likely to swing wildly both ways. Chasing after the drop makes the risk feel even more uncomfortable. If you’re not in the trade yet, wait first. For the next time, once the position level is provided again, then judge—don’t open a trade recklessly just to chase a move that has already been realized. $BTC $ETH

BIO-0.96%
BTC0.62%
ETH0.66%
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