This short position finally paid off, and the market gave a clean move. When $UB was surging earlier, many were still chasing strength, but I was not watching how strong the rally was; instead, I noticed that the high-level support was already loosening.



After entering the short position around 0.21896, what truly confirmed my view was that the pullbacks were getting weaker, volume couldn't keep up, and the price crumbled under pressure. Now it's at 0.09403, with +1399.79% realized, and the market space has been released quite clearly.

The easiest mistake here is to want to eat it all after making a profit. My approach is still the old rhythm: 80/20 in batches, take partial profits first, and keep a protective stop on the rest to see further extension. It's not about being bearish to the point of losing reason, but not rushing to reverse before the trend is repaired.

For those who didn't get in, don't chase shorts now. The current position is no longer the most comfortable entry point. Wait for the next opportunity, wait for a clearer level before acting.

$BTC $ETH
UB-2.56%
BTC-0.04%
ETH-0.37%
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