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Brothers, you all know 😌: in this kind of market, the most annoying thing isn’t the drop—it’s how it pretends to be strong first, then gives you a knife.
A few days ago in the afternoon, $IRYS had a pump, but I was watching the follow-through, and it was clearly off. There was no one picking it up after it went up, and even the rebound didn’t have any strength. So at that time, I leaned long bias directly, but with a warning: don’t chase at the high. For shorts, you can keep an eye on the rhythm. As a result, it went from 0.04802 to 0.01395—this move was smooth and sharp enough to cash out +1396.16%.
The earlier part was really just grinding; but what came out of it was also truly worth it 📉🎉💰. Don’t be afraid of it grinding—what you fear is you panicking first.
In terms of execution, don’t be greedy: close 80% first to take profits ✅. For the remaining 20%, move the protection level (stop) closer to your entry cost; if it continues lower, let it run. If the pullback rebounds strongly, don’t hold it stubbornly 🛑📌. Don’t negotiate with emotion just because you have profit.
If you missed it, don’t chase ⚠️. Chasing at a position like this can easily end with getting hit. Wait for the next round of structure to form, wait for the next signal to move—there will be opportunities. Don’t mess up the rhythm 🔔 $BTC $ETH