When I first looked at $SOL this morning, my instinct wasn't to chase—it was to wait for it to prove itself. A lot of people panic-buy when SOL shoots up, and that's exactly when you end up buying at the peak of emotion. I've taken that hit too many times.



So when it approached the $74.15 area, I focused on the retracement strength. The dip didn't break the prior support, and every time it pulled back, someone stepped in. What really changed was that the pullbacks after each bounce got shallower. That was the turning point—the market shifted from hesitation to active upward pushing.

Later, when it hit around $77.36, my trade P&L hit +401.44%, and that long finally paid off. To be honest, it wasn't all smooth sailing. During the consolidation period, it was easy to doubt whether I had gotten in too early.

Now, my approach is not to be greedy and ride it to the very top. I'll first protect my cost basis and let the market do the rest. You don't have to capture every single move in trading. If you can hold steady when you need to and take a little off when it's time, that's already hard enough.

$BTC $ETH
SOL-2.75%
BTC-1.97%
ETH-1.93%
View Original
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