This wave of $BTC decline, I prefer to see it as a realization of capital rhythm. Earlier, it repeatedly consolidated at high levels, looking like it was gathering strength, but every time it tried to go up, it was pushed back. The main force didn't continue to lift it, and the market started to become dangerous.



My short order was opened at 78051.2, and now the price has moved to 63539.1, with a return showing +3231.62%. This was not achieved by guessing the direction, but by seeing the overhead pressure becoming more and more obvious, with weak bounces, so I chose to short along the weakness.

Many people at the time only focused on surface fluctuations, thinking that after consolidation there would be another surge, but the key is that volume and price didn't match. The price couldn't go up, but the pullback was smooth, indicating that active selling pressure has begun to dominate. In simple terms, the rhythm has changed. If you still use the previous bullish thinking, you will easily be taught a lesson by the market.

Now that profits have been realized, it is not suitable to continue adding positions emotionally. You can first do 80/20 batch take-profit to lock in the main gains, and use a trailing stop for the rest. If you haven't entered, don't rush in just because you see a drop. Short orders need to wait for the right position, don't chase lows, and wait for the next more comfortable opportunity.

$ETH $SOL
BTC2.46%
ETH1.69%
SOL1.44%
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