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A few days ago when I was watching $HYPE , the market gave me the feeling that someone was suppressing it, but couldn't push it down. The back-and-forth oscillation near 65.936 was very annoying, easily making one doubt oneself, but those who have seen many market cycles know that annoying levels are sometimes real opportunities.
The key change came after a fake drop. The selling looked fierce, but it didn't sustain and quickly recovered. Many people thought a dip meant the trend had turned bad, but in reality, some pullbacks are just meant to shake out the weak hands.
Later, HYPE pushed upward following the rhythm. When it reached around 67.705, the position feedback already showed +187.27%. I didn't trade frequently during this wave, mainly because I didn't want to chop up the rhythm I had waited so long for.
Now I won't chase the position, nor rush to call a top. First, protect the profits already secured, and leave the rest for the market to verify. In trading, you need to be even more calm when you're in profit; move only when the next clear opportunity appears.
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