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Many people haven't realized it yet, but the upward move of $CLO has already set the pace. Long positions entered at 0.07488, now at 0.19195, profit +7615.07%. This segment is not a simple pullback; the trend extension is obvious.
The most painful part in the previous market was the grinding. It couldn't go up, nor could it go down, and the back-and-forth washed away many people's patience. But what I focused on at that time was the change in low-level volume. After the sell-off, there was no continued heavy-volume decline; instead, every dip was bought up. This level was very crucial.
After the breakout was confirmed, the market changed. The bears wanted to suppress, but couldn't; once the bulls took over, the price started pushing up along the structure. With profits realized to this point, there's no need to use emotions to hold positions. Those with positions can consider 70/30 partial exits, first protecting part of the gains, and then trailing the rest with a stop-loss.
Here, I don't want to chase anymore. The rise is the result, not a reason to jump in. If you missed the train, wait for the next opportunity, wait for a more comfortable entry.
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