I took this trade very clearly. When $CHZ was consolidating at that high area, many people thought it was accumulating strength, but I felt it was already dangerous.



The most real thing on the chart is not how loudly it's being hyped, but whether the price can continue to move up.

After shorting near 0.01844, I didn't rush to check the result. I focused on the quality of the retracement. Several rallies were suppressed, indicating that selling pressure above still exists. What really confirmed it for me was that after the breakdown, it didn't recover quickly. The people chasing longs started to panic, and the short momentum opened up accordingly.

Now the price is at 0.01825, with a profit of +52.23%. This trade has captured a portion of the downside. After taking profit, don't get cocky. For large positions, take partial profits first, and set a trailing stop for the remaining position, letting the market decide how far it can go.

In the future, I won't chase trades blindly, especially not when emotions are at their peak. If you missed out, wait for the next opportunity, for a more comfortable entry.

$BTC $ETH
CHZ-0.22%
BTC0.12%
ETH-0.15%
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