This drop didn't come suddenly; the few fake breakouts of $CHZ at the high actually already wrote the answer on the chart.



At that time, I was really watching the 0.03382 area. When the price went up, no one bought in, but the pullback became faster and faster. Many people panic when they see a wick, and want to chase long when they see a bounce, but this kind of repeated sweeping back and forth is the easiest way to disrupt your sense of direction. Simply put, the rhythm has changed; a strong market wouldn't grind like this.

Now the CHZ price has come to 0.01679, and the short position profit shows +2424.98%. This segment of the market space has been released very smoothly. It's not that I am too aggressive, but when the position is given, the weakness is exposed, and execution follows, the result naturally comes out.

For those with large positions, don't let profits go to waste by giving back. An 80/20 staged take-profit is more stable, and the remaining part can continue to hold with a protective stop. If you missed it, you missed it; don't chase, don't add positions when emotions run high, wait for a more comfortable entry.

$BTC $ETH
CHZ-5.11%
BTC-0.28%
ETH-0.77%
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