After the pace of trading slowed down, I became more cautious about the key resistance levels above. Many times, it's not that the price drops that makes one bearish, but rather that during the rebound, it fails to push through, indicating that the capital sentiment has already changed.



This time, $SIREN opened at 1.20261. There were a few pullbacks in between, but none of them changed my judgment. Now the price has been pushed down to 0.02879, with a yield of +2393.45%. This wave of short positions has played out as expected.

The focus of my review is not on how much I made, but on whether I held onto my logic at the time. When under pressure at high levels, the worst fear is a sudden pullback disrupting the rhythm. So I put profit protection first, and then only look at whether the structure continues to extend.

$BTC $ETH
SIREN-15.69%
BTC-0.66%
ETH-0.78%
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