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Just took a glance, this short on $AIXBT is indeed satisfying.
Opened around 0.03358, now the price is at 0.01956, and the profit already shows +1023.81%.
Many people were still shouting to keep charging higher, but I felt that upward surge was weak.
It's not about whether it goes up or not, but that no one is buying at the high.
It kept grinding at the highs, but the more it grinded, the weaker it got. In such market conditions, I generally don't force a long entry.
After entering the short, there was some tug-of-war at first, but once the rhythm broke, the decline became smooth.
Simply put, when the trend moves opposite to the majority's expectations, it's easiest to unlock the space.
Now the action is simple.
Take profit on 80% of the position first, continue to observe the remaining 20%, and move the stop-loss down accordingly.
If it continues to drop, just let it run; if it bounces back to a key level, don't hold onto the remaining position.
This trade has already been cashed in properly; don't chase just because you see profits.
For those not on the train, wait for the next cleaner opportunity.
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