Many people still haven’t reacted, but this $RUNE leg of the drop actually had signals long before. It wasn’t a sudden dump—each rebound beforehand was getting weaker and weaker. The price still looked like it was grinding around high levels, but the chips inside had already started to loosen.



At the time, I was watching the suppression near 0.4544. After entering the short, I didn’t move too quickly, because the real key was the continuation after the breakdown. Now the price has come to 0.3895, and the unrealized position profit shows +692.05%. The extension of the move is clear. Once this kind of pullback is opened up, the worst thing isn’t that you can’t figure it out—it’s being scared off by a mid-way rebound halfway through.

Put simply, the rhythm has changed. Earlier, the bulls could still push through with momentum and sentiment, but later the strength of the rebound can’t keep up. Funds aren’t willing to keep taking on, and the bears naturally press down with the trend. Here, I won’t blindly chase greed. I’ll handle a portion of profits first, and keep the rest guarded at the protection level.

If you didn’t catch it, don’t be in a hurry. Chasing in the middle feels awful. Don’t chase—wait until the next time there’s a clearer confirmation of the level, then act.

$BTC $ETH
RUNE4.33%
BTC2.96%
ETH2.23%
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