The key level I was watching earlier finally brought out human nature today.



When $CGPT repeatedly failed to break through around 0.03778, I felt something was off. On the surface, it was still consolidating, but the bullish momentum had already begun to weaken. Many people see consolidation and want to wait for a breakout, but the chart gave me the feeling that the overhead supply was getting heavier.

Holding the short position until now, the price has come to 0.01897, with profit reaching +2395.15%. This decline did not appear suddenly; the key is that the bounces were getting weaker each time, and the selling pressure gradually took control of the rhythm.

Brothers with positions, don't just get excited staring at the profits. After the price space is released, you must manage the drawdown even more. I will first take profits in batches with an 80/20 split, move up the stop-loss, and let the rest depend on whether the trend extension is obvious.

If you missed it, don't chase hard. Trading is not about grabbing the last bite. Don't chase, wait for the next confirmed and clearer entry point.

$BTC $ETH
CGPT-1.96%
BTC2.41%
ETH1.88%
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