This short position on $GENIUS , I'm reading the major players' rhythm, not just bearish. Previously, the price was grinding at highs, seemingly strong, but every upward push was suppressed, the structure clearly changed.



What really caught my attention was that multiple rallies around 0.6670 failed to sustain, and support at lower levels became increasingly weak. Once this level breaks, it's easy for a continuous release below, so I directly followed the bearish direction.

Now the current price is at 0.3545, and the return on this trade has reached +922.5%. The price movement has cleared out more cleanly than expected. Many are still waiting for a higher level to short, but opportunities won't wait forever. Once the market weakens, hesitation becomes a cost.

For those holding positions, don't get carried away. Take partial profits first, then set a trailing stop for the remainder. Continue to hold if it extends, but don't let gains turn passive if it doesn't. For those who missed it, don't chase shorts; wait for a more comfortable entry next time.

$BTC $ETH
GENIUS-4.01%
BTC1.43%
ETH0.96%
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