What truly affects trading is often not the price, but whether you can accept the market slowly proving itself. After $BIO faced pressure at the highs this time, I didn’t rush to a conclusion; instead, I kept watching to see whether the rebound could regain the initiative.



The 0.03045 level offered a fairly clear reference. Only after the pullback proved weak did the logic for going long become valid. Now the price has been pushed down to 0.02774, and the unrealized PnL on the position shows +631.49%. This isn’t an impulsive trade—it’s trend-following after the structure weakened.

In my judgment, the most comfortable spot for a short position isn’t that it drops fast, but that the rebound is weak and the pullback is steady, so execution feels much clearer mentally.

Once the profits are taken, handle things according to the rhythm: protect the level—follow it if you should; if you miss the new position, don’t chase. ⚠️

$BTC $ETH
BIO-4.77%
BTC-2.72%
ETH-2.88%
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