This rally is quite fierce. The worse the previous sell-off looked, the more decisive the current rebound is.



$AVAX plunged at the time. Many people's first reaction was that it was broken, but what I was looking at was whether it could quickly recover after the sweep. What really caught my attention was that after the price broke down, it did not continue to sell off with volume, but instead started to slowly recover lost ground. My long position entered around 6.704, now it has come to 6.764, directly giving +60.37%, and the volatility range has opened up.

This kind of market easily tricks those who lack patience. Panic sets in and they cut losses, then when the price rallies they want to chase. That's the key here. The main force wants you to hand over your chips at the most uncomfortable position.

I'm not greedy now. I'll first take profit on 70% in batches, hold onto 30%, and keep my stop loss in place. If it can extend, I'll hold; if not, I won't let profits retrace too much. The upside profit has been realized. What comes next is discipline. If you missed out, don't rush. Don't chase. Wait for the next opportunity, wait for a more comfortable position.

$BTC $ETH
AVAX-2.42%
BTC0.38%
ETH0.55%
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