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Just now, the $EVAA long side managed to seize back the momentum: the opening position was 0.9729, and the current price has already reached 1.1475, with the profit shown as +353.62%. Anyone who can hold a trade like this should be very clear—this earlier period of consolidation was not endured for nothing.
What I focused on wasn’t the increase or decrease itself, but the fact that after several pullbacks, price never kept breaking down. The sell orders looked vicious, but in reality, the more the market was hammered, the less power they had. A lot of people got shaken out by the back-and-forth “washing” during the session, while those who stayed ended up eating this leg of the rally. Trading is sometimes just this counterintuitive.
Now that market upside has been released, don’t forget risk control just because the floating profit looks good. My handling is still very practical: split 70/30 in batches—lock in part of the profit first, and for the rest, follow with a protection level so a potential drawdown won’t throw off your mindset.
The rise has already been realized—don’t chase wildly afterward. If you missed it, don’t be in a hurry. Wait for the next opportunity, and for a more comfortable entry.
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